UK Doubles-Down on Criticism of Huawei's Flawed Systems

UK Doubles-Down on Criticism of Huawei's Flawed Systems

Chinese telecom equipment giant Huawei Technologies Co. has failed to improve its devices and software — putting U.K. national security at risk,
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Inflation Is Nowhere in Sight

So imagine the surprise when the minutes of the Fed's December monetary policy meeting stated that “many participants expressed the view that,
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'Modern Monetary Theory' Is a Joke That's Not Funny

As part of a series of columns last year for Bloomberg Opinion, leading MMT exponent Stephanie Kelton called on fiscal policy, not the Federal
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Billionaire Sam Zell Buys Gold for First Time in Bet on Tight Supply

“For the first time in my life, I bought gold because it is a good hedge,” Sam Zell, the founder of Equity Group Investments, said in a Bloomberg TV
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The Hottest Cryptocurrency, Tron, Rekindles Memories of the Bitcoin Bubble

… officially named, has a market value of about $1.6 billion, making it the ninth-largest virtual coin, as measured by data provider CoinMarketcap.com.
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Trump Weighs Whether to Renominate Goodfriend to Fed, Source Says

Earlier: Trump Finds Villain in Powell for Markets Hit by Myriad Problems. The Fed didn't heed the advice, and instead raised interest rates the
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Trump Denies Pelosi Plane to Visit US Troops in Shutdown Spat

President Donald Trump informed House Speaker Nancy Pelosi that she couldn't use military planes to visit U.S. troops in Afghanistan this weekend
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How Will the Shutdown End? Time for Some Game Theory

So when and how will the shutdown end? A bit of game theory is in order. Game theory doesn't usually serve up exact predictions, but it can help us
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Bond Traders Are Keeping a Wary Eye on Inflation

And it's true that TIPS got beat up last year, with the Bloomberg Barclays … Bloomberg News's Lu Wang reports that this measure is right around a
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Model Who Claimed Russian Help for Trump Detained, Interfax Says

A Belarusian model who claimed to have evidence of possible Russian help for U.S. President Donald Trump's election was detained Thursday upon
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US May Roll Back China Tariffs to Calm Markets: WSJ

U.S. May Roll Back China Tariffs to Calm Markets: WSJ … Bloomberg's Kevin Cirilli reports on “Bloomberg Markets: The Close.” (Source: Bloomberg)
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MIT, Stanford Academics Design Cryptocurrency to Better Bitcoin

Some of the brightest minds in America are pooling their brain power to create a cryptocurrency that's designed to do what Bitcoin has proved
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Fed's Quarles Plays Up Economy's Strengths as Markets See Risks

“Clearly markets are more attuned currently to the downside risks, but the core base case remains very strong,” Quarles, the central bank's vice
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Giuliani Can't Say No One Colluded, Only That Trump Didn't

The former New York City mayor called into Fox News in July, and Guy Benson asked him whether he denied flatly that there was collusion between
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Americans Drank Less Alcohol in 2018 for the Third Straight Year

Americans are drinking less alcohol. Total cases of beer, wine and spirits consumed in the U.S. dropped 0.8 percent to nearly 3.35 billion in 2018, the
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'OC' made good on his vow: After banking $1M following his last fight, the MMA fighter is retiring as …

'OC' made good on his vow: After banking $1M following his last fight, the MMA fighter is retiring as a champ. Now he wants to donate his brain to
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Woodforest National Bank names James Dreibelbis new CEO

Woodforest National Bank announced the ascension of James Dreibelbis from chief operating officer to president and CEO. Dreibelbis took the helm
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California Shouldn't Waste a PG&E Bankruptcy

One look at its stock — trading at a princely 0.17 times book value — tells you it has lost the confidence of public markets. That rather undercuts the
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Banking Blast-Off: Why Canada's Big 6 Banks Are About to Roar Even Louder!

What a relief rally! Many U.S. and Canadian banking giants soared on Wednesday after Bank of America pole-vaulted over the earnings expectation of
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Trump Pulls US Delegation Out of Davos Forum, Citing Shutdown

President Donald Trump canceled the U.S. delegation's trip to the global economic summit in Davos hours after he denied House Speaker Nancy
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What Is ServiceSource International, Inc.'s (NASDAQ:SREV) Share Price Doing?

What Is ServiceSource International, Inc.'s (NASDAQ:SREV) Share Price Doing?

ServiceSource International, Inc. (NASDAQ:SREV), which is in the it … Some share price movements can give investors a better opportunity to enter
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Lynch & Associates IN Has $1.03 Million Stake in Philip Morris International Inc. (PM)

Capital Research Global Investors raised its position in Philip Morris International by 11.0% during the 3rd quarter. Capital Research Global Investors
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Mosaic Real Estate Lends $212M on Calif. Golf Resort Construction

The three-year loan, funded by Mosaic Real Estate, will back planning and construction for a group of new buildings at the Coachella Valley resort,
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BTIM Corp. Has $57.99 Million Stake in Mettler-Toledo International Inc. (MTD)

Zacks Investment Research cut shares of Mettler-Toledo International from a “buy” rating to a “hold” rating in a research note on Tuesday, October 16th
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PM Pays For Khadi Jackets With RuPay Card At Ahmedabad Shopping Festival

PM Modi has pushed for the use of RuPay — termed as India's answer to international payment agencies Visa and Mastercard — while promoting
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Securities borrowing and lending for retail investors

KUALA LUMPUR: Affin Hwang Investment Bank (Affin Hwang IB) has launched its securities borrowing and lending (SBL) facility for retail investors
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Milan Estate Agency Maggi Group Real Estate to Join US-based Berkshire Hathaway HomeServices

Maggi Properties is a regional leader that is highly regarded for its residential and commercial operations as well as its real estate advisory services
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American International Group, Inc. (AIG): A Stock to Consider on Insider Buying

The insider sell/buy ratio of American International Group, Inc. (NYSE:AIG) is recorded at 1, pointing to bearish feelings about the stock among
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Robert Half International (RHI) Price Target Lowered to $80.00 at Nomura

ValuEngine lowered shares of Robert Half International from a buy rating to a hold rating in a research note on Wednesday, October 24th.
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Need To Know: Goodbaby International Holdings Limited (HKG:1086) Insiders Have Been Buying …

So before you buy or sell Goodbaby International Holdings Limited (HKG:1086), you may well want to know whether insiders have been buying or
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Virtu Financial LLC Purchase 4399 Shares of Johnson Controls International PLC (JCI)

The fund owned 70,179 shares of the company's stock after buying an … Virtu Financial LLC's holdings in Johnson Controls International were worth
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What Is Mettler-Toledo International Inc.'s (NYSE:MTD) Share Price Doing?

Mettler-Toledo International Inc. (NYSE:MTD) saw a decent share price … Great news for investors – Mettler-Toledo International is still trading at a
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Pemex Procurement International


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Technically Speaking For January 17: The Michaels Companies, Inc. (MIK), International Game …

The Michaels Companies, Inc. (MIK) sank -1.87% this week, a trend that has led to both investors and traders taking note of the stock. Over the past
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Top Analyst Pounds the Table on QUALCOMM Incorporated (QCOM), Weight Watchers …

Analysts view Weight Watchers International, Inc. (NASDAQ:WTW) as a Buy, with 0 consensus rating. Reuters surveyed 13 analysts that follow WTW
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Investors Take A Relaxed Stance Toward Philip Morris International Inc. (PM), Hudson Pacific …

Over the past 52 weeks Philip Morris International Inc. (NYSE:PM) has embarked on a drop that has seen it decline -32.54% and is now up by 5.98%
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Foreign Investors Are on a Record China Property Spree

Foreign investors are increasing their presence in China's commercial real estate market, taking advantage of the deleveraging drive that's squeezing
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International Flavors & Fragrances Inc (NYSE:IFF) Major Shareholder Acquires $6906582.00 in Stock

ValuEngine cut shares of International Flavors & Fragrances from a “buy” rating to a “hold” rating in a research note on Thursday, January 10th.
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Former Tipitina's owner defrauded relatives out of $2M in real estate projects, lawsuit says

New Orleans businessman Roland Von Kurnatowski defrauded his sister and two nephews through a series of real-estate deals involving the
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Stein Posner Real Estate Chooses To Affiliate With Century 21 Real Estate

17, 2019 /PRNewswire/ — Stein Posner Real Estate, a full-service brokerage firm serving South Florida, today announced that the company has
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Royal Bank Of Canada: 2018 Results And Outlook For 2019

Royal Bank Of Canada: 2018 Results And Outlook For 2019

Royal Bank of Canada (RY) has the reputation of being the gold standard in the Canadian banking sector with its strong durable competitive
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Maine real estate market strong, but slowing

A report released on Thursday finds that Maine's real estate market remains strong but is showing signs of slowing.
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HVS Report – Hotel Cap Rates Hold Steady – Values Under Pressure – By Suzanne Mellen

This article looks at hotel sales and capitalization rate trends, the impact of slowing … Capitalization Rate Trends: PWC Real Estate Investor Survey.
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Michigan-Based Capital Mortgage Funding Predicts Stable Interest Rates & Steady Home …

SOUTHFIELD, Mich., Jan. 17, 2019 (GLOBE NEWSWIRE) — Activity in the home purchase market is very steady and home mortgage rates seem to
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Stamp of Good Fortune

HOUSTON, Jan. 17, 2019 /PRNewswire/ — Bright pink peach blossoms highlight the 2019 Year of the Boar Forever stamp, the 12th and final stamp in
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Pope Cos. sells industrial portfolio to real-estate asset manager

“I'm confident that the properties and their tenants will continue to thrive under the leadership of the TPG Real Estate team,” Denny Walker, Pope's
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Trump Issues a Cutting Letter to Pelosi, Postponing Her Trip Abroad

President Donald Trump issued a letter to House Speaker Nancy Pelosi Thursday stating her previously unannounced trip to Egypt, Brussels, and
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Ditech fires COO, enters into forbearance agreements with its lenders

Ditech Holding Corp. fired its chief operating officer after nine months, and entered into a forbearance agreement for a debt payment that was due in
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Netflix' Stock Falls 4.8% After Showing Strong Subscriber Growth But Disappointing Revenue

Netflix's stock fell as much as 4.8% late Thursday after delivering a financial report that showed revenue slightly short of Wall Street expectations,
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Fannie Mae, Freddie Mac add new provisions as shutdown persists

Fannie Mae and Freddie Mac are adding another round of new underwriting requirements and a workaround for employment verification in response
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Foreclosure low shows market recovered from housing crisis: Attom

The distressed real estate market has bounced back from the housing bubble as most foreclosures are due to natural disasters, according to Attom
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SRS Real Estate Partners Brokers KY Retail Center Sale

SRS Real Estate Partners has facilitated the sale of Crestwood Crossing, a freestanding 19,129-square-foot retail center in Crestwood, Ky. The seller
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UK lenders see demand for mortgages, credit cards plummeting before Brexit: BoE

LONDON, Jan 17 (Reuters) – – Lenders in Britain expect demand for mortgages and credit card lending to fall by the greatest extent in several years,
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Will New FHFA Head Follow his Instincts or Bow to Reality?

… that regulates the Federal home Loan Banks and the GSEs Fannie Mae and Freddie Mac. FHFA has also been conservator of the GSEs since 2008.
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Government Shutdown and the Mortgage Impact

According to National Mortgage News, the Federal Housing Administration has continued to process government-backed loans during the shutdown,
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US average mortgage rates steady; 30-year stays at 4.45 pct.

Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year, fixed-rate mortgage was unchanged from last week at 4.45
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IT In Real Estate Market 2019 Precise Outlook – MICROSOFT, YARDI SYSTEMS, REALPAGE …

The report presents an in-depth assessment of the IT In Real Estate including enabling technologies, key trends, market drivers, challenges,
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Mortgage rates stay subdued, bringing relief to slumping housing market

The 30-year fixed-rate mortgage averaged 4.45% in the January 17 week, mortgage guarantor Freddie Mac said Thursday. That was unchanged
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Former Statler Brothers Tenor Jimmy Fortune Signs New Deal

Jimmy Fortune, former tenor with much-loved country hitmakers the Statler Brothers, has signed with Ovation Artist Group for exclusive booking
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The priciest real estate rentals in Lancaster

Believe it or not, the priciest listing in today's Lancaster rental market is going for $1,500/month. As absurd as it may seem, it's not the only luxury
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OCC names new chief operating officer

OCC names new chief operating officer

The Office of the Comptroller of the Currency has appointed Morris Morgan as senior deputy comptroller and chief operating officer, a role created to
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Threats to the World's Wild Coffee Supply Are Putting Your Morning Cup at Risk

Poor conservation of wild coffee species may end up threatening the supply of the coffee in your cup, researchers have warned. We only really use
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Bank of America's Investment Banking Head Steps Down

Bank of America's head of global investment banking Diego De Giorgi is parting from the company, according to an internally circulated memo sent by
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Amazon Prime Has More Than 100 Million US Subscribers

… Prime Video, Prime Music, and audiobooks in Audible. Amazon did not immediately respond to a Fortune request for comment on the CIRP study.
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What Comes Next for Brexit: UK Parliament to Vote on 'Plan B'

With Theresa May narrowly surviving a no confidence vote after the disastrous Brexit vote, the question is now what comes next. May will release her
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'The Most Equitable Climate Solution:' Janet Yellen and 3 Other Ex-Fed Chairs Back a Carbon Tax …

The Climate Leadership Council (CLC), a Republican-heavy coalition of energy industry companies, environmental groups, and economists, has won
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RegTek.Solutions hires SFTR specialist

… to enhance and expand their market-leading products, principally for SFTR which will be a significant undertaking for the securities lending industry.
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US CEOs Are More Worried About Cybersecurity Than a Possible Recession

With markets uncertain, many onlookers might think a recession is on the way, whether that's most CFOs in the world or voters in the United States.
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Fears of housing downturn may have been overblown

The government-backed mortgage financing company Freddie Mac said Thursday that mortgage rates held steady at 4.45% last week after dropping
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GoFundMe Is Churning a Big Business in Raising Money for Medical Bills

Health care costs are constantly skyrocketing in the United States—and will likely get worse, whether from the usual escalating expenses or special
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Freddie Mac Names Top Multifamily Lenders for 2018

MCLEAN, Va., Jan. 17, 2019 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today announced the multifamily lenders who transacted the most
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MIT and Stanford Professors Are Designing a Cryptocurrency to Top Bitcoin: Unit-e

Some of the brightest minds in America are pooling their brain power to create a cryptocurrency that's designed to do what Bitcoin has proved
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The Houston Black Real Estate Association turns 70, hosts gala

The Houston Black Real Estate Association turns 70 years old this year. Started in a time when racial discrimination in mortgage lending was legal
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The 50 Best Workplaces in Technology

Fortune research partner Great Place to Work recently analyzed survey feedback representing more than 220,000 U.S. employees to come up with
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What You Should Expect From Mortgage Rates in 2019

“Mortgage rates have pulled back over the last several weeks because of all this uncertainty in financial markets. At the moment, it's actually a pretty
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CFPB seeking compliance authority on military lending

I was pleased to see legislation proposed recently in the House of Representatives (H.R. 442) that is intended to grant the Bureau such authority.
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CFPB Seeks Clarity On Military Lending Compliance

The Consumer Financial Protection Bureau (CFPB) has sent a legislative proposal to Nancy Pelosi, speaker of the U.S. House of Representatives,
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Top Brooklyn And Manhattan Agent David Chang Joins Stribling

Stribling & Associates, Ltd. is a premier residential real estate firm with over … coupled with exceptional knowledge of key residential market trends.
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Century 21 Sbarra hosts Free Real Estate Tax seminar

The company partnered with the accounting firm Piaker and Lyons to educate realtors on the new 2019 tax laws and how it effects the real estate
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Stamford commercial real estate firm Rhys joins NKF

STAMFORD — The new year has ushered in a recently expanded commercial real estate powerhouse. Startup Rhys was acquired at the end of last
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Subservicer, Non-Agency Products; World Debt Increasing; Primer on "Duration" and Mortgage …

Subservicer, Non-Agency Products; World Debt Increasing; Primer on "Duration" and Mortgage …

“Prime Choice Funding, Inc. is a national leader in mortgage lending and is reaching out to current Branch Managers and LOs. Tired of margin
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Banking changes costly, UBS says

WELLINGTON: The Reserve Bank's proposal to require New Zealand trading banks to run much more conservative balance sheets can be expected
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Builder Confidence on the Rise

Builder confidence in the newly-built single-family homes started 2019 on a positive note, rising two points to 58 for January on the National
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Warren Buffett's Real Estate Network Expands Into Northern Italy

Berkshire Hathaway HomeServices signed Maggi Group Real Estate, its third global franchisee, the company said Thursday in a statement.
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Westchester apartment sales trend up as house-hunters hibernate

Westchester apartment sales trend up as house-hunters hibernate … “All the millennials want to rent… it's important for the real estate market to get
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Market Continues To Be Suspicious Of China Stimulus

But just two small and mid-cap stocks made the market close lower. Shares of real estate developer Jiayuan International plunged 81% on rumors that
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Zell Sees 'Minimal' DC Real Estate Impact From Shutdown

Sam Zell, chairman and founder at Equity Group Investments, discusses the impact of the partial government shutdown on real estate and how his firm
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Real Estate Expert Kevin Tacher Signs Publishing Deal With DreamStarters Publishing

Kevin Tacher, the “Title King,” has teamed up with DreamStarters Publishing, a leading business book publishing company, to release the book,
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EvaBank increases lending presence in Bham

A Cullman-based bank has grown its lending presence in the Magic City with a new hire. EvaBank has named Apryl Fort-Kelly vice president and
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Federal Reserve says student debt has hampered housing market

Student debt has impacted the housing decisions of young Americans, the Federal Reserve said, delaying homeownership and prompting a
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ICE ends detainee housing contract with Maryland county

GLEN BURNIE, Md. (AP) — Weeks after a Maryland county stopped alerting U.S. Immigration and Customs Enforcement about the immigration status
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Americans Drank 7.9 Billion Gallons of Booze Last Year

Cheers, America! A new report from IWSR, a leading source of data on the alcoholic beverage market, finds that people in the United States drank
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Fortune Again Names Kronos a Best Workplace in Technology

LOWELL, Mass.–(BUSINESS WIRE)–Jan 17, 2019–Kronos Incorporated today announced that it has been honored by Fortune and Great Place to
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Former Title Contender: TJ Dillashaw vs. Cejudo 'Good Way To Keep Two Champions Busy'

Hardy, a former welterweight title challenger, thinks the UFC paired … to abolish the 125-pound division a lot easier for Dana White and company.
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Average mortgage rates hold steady as housing outlook improves

… dropping for six consecutive weeks as negative economic news was balanced with a more positive outlook on housing, according to Freddie Mac.
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Alteria Capital invests in digital lending ZestMoney

Bengaluru-based shopping loan marketplace ZestMoney said it has raised funding from venture debt firm Alteria Capital. The startup, owned by
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Ultimate Software Ranked #1 on Fortune's Best Workplaces in Technology List for 4th Consecutive …

Ultimate Software Ranked #1 on Fortune's Best Workplaces in Technology List for 4th Consecutive Year.
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Sturgis Bancorp Reports Earnings for 2018

Oak Insurance Services offers various competitive commercial and consumer insurance products. Oak Title Services offers commercial and consumer
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Here's How to Find Out if Your Email Was One of the 773 Million Exposed in Massive Data Breach

It may be time to change your passwords again. Security experts have discovered what very well could be one of the largest data breach of all time,
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New real estate term "surban" a sign of the times

A strange word has entered the real estate vocabulary: “surban.” This awkward portmanteau represents a fundamental shift in where people want to
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Fixed Mortgage Rates Basically Flat This Week

Fixed Mortgage Rates Basically Flat This Week

17, with the average rate for a 30-year at 4.45%, flat compared with the previous week, according to Freddie Mac's Primary Mortgage Market Survey.
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The US State Department Is Calling Furloughed Employees Back to Work

The U.S. State Department is calling furloughed employees back to work next week, with a promise to issue paychecks for at least the upcoming pay
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Tim Cook Thinks Consumers Should Have More Control Over Their Data

Tim Cook thinks we all deserve privacy online. In an article penned by the Apple CEO Thursday in Time, he attempts to explain how we can get it.
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Maine real estate industry growth expected to slow in 2019

Maine's red-hot real estate landscape will likely cool in 2019, the result of economic uncertainty, high construction costs and gradually increasing
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EBRD lending 20 mln euro to ProCredit Bank Kosovo to support SMEs

PRISTINA (Kosovo), January 17 (SeeNews) – The European Bank for Reconstruction and Development (EBRD) said on Thursday it is providing a 20
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CFPB's Kraninger asks for 'clear authority' over military lending exams

The director of the Consumer Financial Protection Bureau on Thursday asked Congress to give it the “clear authority” to conduct supervisory exams of
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Real Estate in Winter Months

Busy with living life with daily chores and responsibilities, it seems that real estate is not on everyone's top list of interest. Even curiosity seekers wane
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Buying or selling a home in York County? Here's what to expect

As the home sales industry puts a bow on 2018, trends continue in parts of York County of homes selling and closing faster at higher prices.
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Massachusetts Financial Services Company Stake In Aon Plc (AON) Was Increased

The titles are as follows: “Benzinga's Top Upgrades, Downgrades For January 15, 2019 – Benzinga” brought out on January 15, 2019, “Freddie Mac
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Bank lending survey

Bank lending survey. 21 Jan 2019. Data: http://www.cnb.cz/en/bank_lending_survey/index.html. Publication time: 10:00 a. m.
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Mortgage Rates Steady, New Home Applications Down

Mortgage rates held steady in the latest data report issued by Freddie Mac. The 30-year fixed-rate mortgage (FRM) averaged 4.45 percent for the
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Tesla exec to lead operations at Roofstock

Roofstock is a growing online marketplace for single-family rental home investing and one of HousingWire Magazine's HW Tech100 in 2018. Reprints.
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Banks have gloomiest mortgage outlook in eight years as Brexit looms

Mortgage lenders reported their appetite for risk decreased significantly in the … As demand for mortgages fell between October and December, banks
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Mortgage rates expected to ease as economy slows

A slowing economy has started to drive mortgage rates lower, and competitive pressure among Canada's big banks means there are likely more drops
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Is Firm Capital Mortgage Investment Corporation's (TSE:FC) High P/E Ratio A Problem For Investors?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll show how you can use Firm Capital Mortgage Investment
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M&T expects C&I lending to drive growth in 2019

M&T Bank executives expect loan growth to be fairly modest in 2019, but they are bullish on one key segment: commercial and industrial lending.
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Lloyds secures Berlin bank licence as part of Brexit preparations – source

LONDON (Reuters) – Lloyds Banking Group has secured a banking licence for its new Berlin-based subsidiary, a source familiar with the
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Mortgage Rates In Canada Expected To Drop After RBC Cuts 5-Year Fixed Rate

TORONTO — Royal Bank of Canada has lowered its posted five-year fixed rate by 15 basis points from 3.89 per cent to 3.74 per cent. Mortgage rate
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Freddie Mac Prices $632 Million Multifamily K-Deal, K-L04

MCLEAN, Va., Jan. 17, 2019 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through
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Real Estate Market Is Caught In A Vicious Cycle, Says Pankaj Kapoor

The real estate market has reached a stage where high costs involved in land, capital and finance have rendered builders unable to sell units at lower
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Best San Diego Mortgage Lenders of 2019

Best San Diego Mortgage Lenders of 2019

Thanks to white-sand beaches and year-round sunshine, deciding to live in San Diego is a no-brainer. But with scores of mortgage companies to pick
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US targets Huawei; Shutdown consequences; Bank warning

European banks: Shares in Societe Generale (SCGLY) dropped 3% after the French bank warned investors that its fourth-quarter performance had
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Tempe company named one of Fortune's best tech workplaces

Rankings for the list were based on survey feedback representing more than 220,000 U.S. employees, according to Fortune. It then compiled a list of
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raceAhead: New Lawsuit Alleges Racist Harassment at an Ohio GM Plant

(Fortune has reached out for additional comment and will update this story accordingly.) But Dennis Earl, who works at the plant and was elected UAW
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Here are the multifamily lenders that dominated 2018

But for now, Freddie Mac announced the top multifamily lenders that transacted the most financing volume with the company in 2018. The GSE led the
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Cover Story: How community banks can survive onslaught of M&A, new technologies

There's a revolution, of sorts, transforming the banking industry, as large and small banks alike invest in financial technology and rethink their culture
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US data drought raises doubt; Canada starts mortgage rate cuts; EU inflation falls; OECD …

Here's our summary of key events overnight that affect New Zealand, with news of rising employment in the OECD countries just as growth starts to
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3 Things to Know at the Market Close: Bank Earnings, GDP Report and Jim Cramer

America's second largest bank, Bank of America (BAC – Get Report) , saw its profit doubled in the fourth quarter from a year earlier when the bank took
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Citi appoints banking veteran David Livingstone to head up European operations ahead of Brexit

Banking giant Citi has appointed veteran banker David Livingstone to run its European operations ahead of Britain leaving the EU in March.
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GCC bank mergers to ease overcapacity, says Moody's

Recent merger and acquisition drive among GCC banks, stoked by slow growth and subdued credit demand in the region, will help the sector by
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Citi unveils one of industry's biggest home-loan rate cuts

In the midst of banks joining the out-of-cycle mortgage-rate hike, Citi plans to slash its home loan rates by as much as 240 basis points, making its
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2019 Real Estate Trends and What They Mean for You

Here are three trends to consider so you can go in to 2019 as strong as possible. … Since these trends will cause some shifts in the real estate world,
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Top 10 reasons why borrowers pursue a jumbo reverse mortgage

In addition to the Federal Housing Administration's HECM, the California-based lender offers borrowers access to up to $4 million in equity in one
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Academy Mortgage expands staff

Tamika Donahue and Steve LaChance have joined Academy Mortgage in South Portland. Donahue, a top loan originator, will manage the branch.
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Republicans Go Against Trump to Back Bid to Keep Deripaska Sanctions

The House approved a symbolic effort to force the Trump administration to keep sanctions on three companies linked to a close ally of Russian
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Banking sector reforms from another perspective

About two weeks ago, the statutory regulator of the banking sector, the Bank of Ghana (BoG), closed down two additional universal banks and
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Milwaukee real estate broker Bill Bonifas named to 40 Under 40 Hall of Fame

Prominent Milwaukee real estate broker Bill Bonifas is among the group of four Milwaukee-area business executives who will be inducted this year
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Able Maintains Pole Position as the Fastest Growing Moving Company in the Mid-Atlantic Region

2019 will find Able continuing to work with corporate mainstay clients like Freddie Mac, Northrop Grumman, CGI Federal, Pulte Homes, and Inova.
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Encore Wire Corp (NASDAQ:WIRE) Institutional Investors 2018 Q3 Sentiment

Encore Wire Corp (NASDAQ:WIRE) Institutional Investors 2018 Q3 Sentiment … Also, the number of hedge funds holding Encore Wire Corp in their top 10 … and manufactured housing; UF-B cable, an underground feeder cable for
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Facebook Removed Hundreds More 'Inauthentic' Accounts Linked to Russia

Facebook said it removed more than 350 pages and accounts linked to operations in Russia Thursday, on the grounds that the account holders
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2018 Q3 Sentiment for Encore Wire Corp (NASDAQ:WIRE) at 1.51

2018 Q3 Sentiment for Encore Wire Corp (NASDAQ:WIRE) at 1.51

“Big money sentiment for Encore Wire Corp (NASDAQ:WIRE) in Q3 2018 decreased … Funds holding Encore Wire Corp in top 10 changed to 0 from 1 for a … and manufactured housing; UF-B cable, an underground feeder cable for
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Kevin O'Leary: “Pay Off Your Mortgage” First

With four rate hikes in 2018, mortgage interest might be creeping higher, but nonetheless, CNBC's “Shark Tank” personality Kevin O'Leary suggests
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Deal makers: Real estate news in brief

Netflix show features Hudson carriage house. A Hudson carriage house was featured in Netflix's “Stay Here,” hosted by interior designer Genevieve
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Reverse Mortgages Are A Bust Partly Because Average Home Equity Is $80000

I am unsure the reverse mortgage industry is sound. It is regulated by various different agencies including the embattled Consumer Financial
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Student debt is hurting the housing recovery: Fed study

Freddie Mac recently predicted that homeownership among young adults could rise as high as 60 percent by 2025, or 56 percent in a less optimistic
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Mortgage rates today, January 17, 2019, plus lock recommendations

Average mortgage rates today opened with mixed results. The only pertinent economic report this morning is Housing Starts (predicted no change at
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Banking On Wells Fargo

Wells Fargo (WFC) is one of the largest banks in the U.S. in terms of loan and deposit portfolios and in terms of market cap. With assets of more than
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What the year ahead will bring for real estate market

The real estate market is in a good place, both regionally and nationally, but there are clouds on the horizon. “Inventory is still a challenge,” said Laura
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Trading Could Push Bodies Out the Door at Banks This Year, Cassidy Says

Gerard Cassidy, head of U.S. bank equity strategy and large cap analyst at RBC Capital Markets, discusses the fallout from a downturn in FICC trading
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Foreclosure Activity in 2018 Hits 13-Year Low

A total of 624,753 foreclosure filings were reported on residential properties last year, or 0.47 percent of all housing units, according to statistics from
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Alpha Hits $1.1B Final Close on Alpha Asia Macro Trends Fund (AAMTF) III

Singaporean real estate private equity manager Alpha Investment Partners has announced the $1.1 billion final closing of its Alpha Asia Macro Trends
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Here Are 6 Regional Banks That Pay Big Dividend Yields

Bank stocks have struggled recently, and large regional banks haven't been spared. The six stocks in the accompanying table have a one-year
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Home Price Growth at Six-Year Low

And as a bonus, buyers, for the time being, have the benefit of mortgage interest rates that are lower than they were in late 2018, which will make
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Shutdown reality: Family treasures, or mortgage payment?

Heirlooms, passion projects and memorabilia are suddenly a means to an end, a way to feed the kids or scrape together a mortgage payment.
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California home sales close year on downward trend as home prices post mild gains, CAR reports

California home sales close year on downward trend as home prices post mild …. in California real estate for more than 110 years, the CALIFORNIA
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Dressing room real estate: From the worst stall to the penthouse, where you sit matters

If real-estate value is all about location, this address — stuck in the corner, hard by shelves of spare helmets and extra laces, crowded by goalie pads
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Flatter Mortgage Rates This Week

At 4.45 percent, the average 30-year, fixed mortgage rate stabilized this week, according to the latest Freddie Mac Primary Mortgage Market Survey®
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Marin mansion super agent joins brokerage from Million Dollar Listing

Marin County super agent Tracy McLaughlin, a celebrity in the local luxury real estate market, left Compass Real Estate to lead the Bay Area operation
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Zillow Offers Coming to Miami, Twin Cities, Nashville, Orlando and Portland in 2019

In every market where Zillow Offers is available, Zillow is represented by local real estate agents and brokers during every transaction. Zillow pays a
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US Jobless Claims Fall to 5 Week-Low Despite Government Shutdown

Filings for U.S. unemployment benefits unexpectedly fell to a five-week low, even amid a partial federal government shutdown. Jobless claims
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Rev Group follows Kohler Co. as IndyCar title sponsor at Road America

Rev Group follows Kohler Co. as IndyCar title sponsor at Road America

Milwaukee-based Rev Group Inc. is the new title sponsor of the IndyCar Series event at Road America — a role previously held by Kohler Co.
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Zillow to begin buying, selling homes in 5 new markets in 2019

… Offers allows homeowners to request a no-obligation cash offer from Zillow to buy their home. If they accept it, Zillow directly buys a seller's house,
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Stewart Title Adds Underwriting Counsel to Support Growth in Upstate New York

HOUSTON–(BUSINESS WIRE)–Stewart Title Insurance Company today announced Sarah Norcross, Esq. will join the Underwriting team as
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Brewgaloo lands NC company for title sponsorship

Brewgaloo lands NC company for title sponsorship … that brings tens of thousands of people to downtown Raleigh once again has a title sponsor.
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Form 8-K DITECH HOLDING Corp For: Jan 14

On January 14, 2019, the Company entered into a Termination Letter ….. Title: Senior Vice President and Treasurer … Title: Co-Managing Member.
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Charades, MetFilm Sales join forces on Sundance title 'Shooting The Mafia' (exclusive)

Paris-based feature film sales company Charades and UK documentary specialist MetFilm Sales are teaming up to co-handle Kim Longinotto's latest
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Century Communities announces new paired homes in Parker and celebrates model grand …

Colorado's Urban Division President, Brian Mulqueen, said, “We are … Mountain, Texas and Southeast U.S. regions and offers title, insurance, and
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Lightstone getting in on the lending game

Lightstone Group is joining the ranks of real estate companies launching their own debt platforms. The firm announced Thursday that it is setting up
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Moldtelecom launches money lending service

Moldavian operator Moldtelecom started lending money through a new service called Mcredit. Money loans of up to MDL 15,000 are offered by
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Flooding Damaged Homes making their way into Wilmington's real estate market

She's with “Live Oak Real Estate” and is seeing more and more flood damaged homes making their way to market. “Most of these that I've seen are a
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Gymboree Plans To Close After Post-Bankruptcy Comeback Fails

As the Gymboree told Fortune last summer, its apparel had grow stale and boring, and out of touch with younger parents. Moreover, its higher costs of
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Microsoft pledges $500 million to address Seattle's affordable housing problem

The company estimated that there is a shortage of more than 300,000 housing units for middle- and low-income families, according to The Wall Street
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Advisors Preferred LLC Buys New Position in First American Financial Corp (FAF)

Institutional investors own 84.49% of the company's stock. … The Title Insurance and Services segment issues title insurance policies on residential
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Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend

Sturgis Bancorp is the holding company for Sturgis Bank & Trust Company … Oak Title Services offers commercial and consumer title insurance.
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We Expect To See More Innovative Products To Be Launched In 2019: Ritesh Kumar, HDFC ERGO …

In addition, recently launched products such as title insurance for property owners and cyber insurance for individuals, will witness higher demand.
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Simmering anger among Chennai Super Kings players led to IPL 2018 title win, says N Srinivasan

The former BCCI president, whose company India Cements owns CSK, said the … CSK won the IPL title for the third time last season after missing the
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Los Angeles Homeownership to Get $9.8 Million Boost

LOS ANGELES–(BUSINESS WIRE)–Wells Fargo & Company (NYSE:WFC), NeighborWorks® America, and Neighborhood Housing Services of Los
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Looking Back

1994: Single people bought nearly one-third of the homes purchased by first-time buyers in 1993, the nation's largest title insurance company said.
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Noram Ventures Inc. Successfully Overcomes Attempted Overstaking by Centrestone Resources LLC

Furthermore, the Company sought relief that the Centrestone Claims are declared null and void, that Centrestone has no right, title, claim or interest in
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MBA appoints new chairman of political action committee

The Mortgage Bankers Association has named Equity Prime Mortgage President Eddy Perez chairman of MORPAC, its political action committee.
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China Blasts Apple, Amazon for References to Taiwan and Hong Kong

China Blasts Apple, Amazon for References to Taiwan and Hong Kong

The Chinese Academy of Social Sciences (CASS), a government-linked think tank, said that 66 Fortune 500 companies used “incorrect labels” in their
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Revolut's clumsy automated bank compliance results in frozen accounts and lack of customer service

Following on from my previous post about modern, mobile-first FinTech bank customer's frozen account nightmares, with UK 'app banks' locking
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More Trouble for Huawei: US Lawmakers Question "Threat" of Solar Panels

Huawei's troubles continue to gather pace. In recent months the telecoms giant has had its CFO Meng Wanzhou arrested in Canada, been barred from
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How Workday Focuses on Improving Its Workplace Culture Every Day

Workday recently was ranked #1 on the Fortune Future 50 list, which recognizes the global companies with the best prospects for long-term growth.
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Hong Kong consumers ready to embrace the Open Banking revolution

As Hong Kong prepares for a new era of Open banking, a survey by Accenture finds consumers in the territory are far more willing than their Western
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Activist Shareholders Push Amazon to Stop Selling Facial Recognition Software

A group of activist shareholders are proposing that Amazon stop selling facial recognition software to government agencies until its board determines
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Banks should act to defend their leading position: report

The traditional leading position of banks in the financial intermediation system is now under threat due to technological and data innovation as well as
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[WATCH] UWM CEO: Becoming a mortgage broker is “a lot easier than you think”

… the LendingLife audience. In the short, 13-minute video, Gaffney and Ishbia discuss recent mortgage lending gains at the top mortgage brokerage.
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Angry Train Crash Survivors Claim Netflix Used Disaster Footage in "Bird Box"

Fortune has contacted Netflix for comment. The fictional Netflix sci-fi series Travelers is also criticized for using footage of the train crash. In a statement
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Commercial real estate marketplace Truss scores $15 mln

Truss, a marketplace for commercial real estate, has raised $15 million in Series A-2 funding. General Catalyst led the round. Source: Press Release.
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Mastercard Will Protect Users from Expensive Free Trial Forgetfulness

Anyone who's signed up for a free trial with a credit card but forgotten to cancel the service should take a quick glance over at Mastercard. The U.S.
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Term Sheet — Thursday, January 17

U.S. CEOs Are More Worried About Cybersecurity Than a Possible Recession (by Erik Sherman). •The 50 Best Workplaces in Technology (by Fortune
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President Trump's Base May Be Starting to Abandon Him, According to a New Poll

President Donald Trump is losing support among voters, including members of his base, as the 2020 presidential election cycle approaches. A new
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Grayscale Adds Ripple Competitor Stellar to Crypto Portfolio

Grayscale Investments, the company behind the Bitcoin Investment Trust, announced on Thursday it will offer a fund to let professional investors gain
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Verta Lee Fortune

Verta Lee Fortune born April 29, 1943 in Radford, Virginia to parents Grover … Verta was preceded in death by her husband, James McLee Fortune.
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Equity release lending hits record £3.6bn

The figures, from equity release adviser Key, reveal that the market has doubled in size in just three years, rising from £1.71bn of lending in 2015 to
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Why Elon Musk Is Ending Tesla's Customer Referral Program

Happy Tesla (tsla, +5.44%) customers will no longer be able to give five friends six months of free charging. Elon Musk tweeted Wednesday night that
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ScaleFactor Raises $30 Million to Expand Robot Bookkeeper Service, Eyes Loan Market

Deeter told Fortune that small businesses can now use many of the same powerful financial analytics tools deployed by large companies. This is
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Hofstra law school folds in real estate program

To help attorneys better navigate the Long Island's changing real estate climate, Hofstra University's Wilbur F. Breslin Center for Real Estate Studies
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Square takes another step into banking with a debit card for businesses

Square is launching yet another banking product. The payments company announced a debit card for businesses on Thursday that lets Square sellers
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