Pfizer's Best-Selling Drug Is Actually a Vaccine—and Its Price Keeps Increasing

Pfizer's Best-Selling Drug Is Actually a Vaccine—and Its Price Keeps Increasing

Pfizer is perhaps best known as the maker of drugs such as Viagra. But the pharmaceutical corporation's best-selling drug isn't the sort of drug you
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The worst findings from the Banking Royal Commission

Charging fees to the deceased, foreclosure, inappropriate advice: this is what the Royal Commission revealed about Australia's financial sector.
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Apple's Tim Cook Faces Questioning by Key House Democrats on FaceTime Privacy Bug

Apple Chief Executive Officer Tim Cook is getting questions from two key U.S. House Democrats about a bug that let users of its FaceTime video-chat
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Trump Inflates US Economic Achievements From Jobs to Wages

President Donald Trump inflated his economic achievements during his State of the Union address, touting numbers that don't match up with official
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Puerto Rico Gov. Rosselló Prepared to Fight If Aid Diverted to Border Wall

Puerto Rico Governor Ricardo Rosselló discusses the outlook for the State of the Union address and Puerto Rico's debt restructuring with Bloomberg's
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Lenders bank on bots to improve customer service

Bengaluru: Banks are finding ways of harnessing technology to transform customer service by automating customer queries, minimising human
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Should You Think About Buying Truly International Holdings Limited (HKG:732) Now?

Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Truly International Holdings
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Coalition could be forced into extra sitting days to deal with banking reform

The Morrison government faces the risk of being forced to schedule extra parliamentary sittings to deal with the recommendations of the banking royal
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'Severe' shortage in housing market, says local real estate agents

'Severe' shortage in housing market, says local real estate agents … Real estate experts tell us there's a severe shortage of inventory in the market.
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Apple Pay arrives for BNP Paribas and Hello bank! Customers in France

05/02/2019 – Discover our press release on Apple Pay arrives for BNP Paribas and Hello bank! Customers in France – The bank for a changing world
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Senators Are Worried About Stock Buybacks

I think you should be very skeptical of this argument, if for nothing else then on efficient-markets grounds: When the actual shareholders of a company,
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Bowline Realty Joins Real Living Real Estate Brokerage Network

BELLINGHAM, Wash.–(BUSINESS WIRE)–Feb 5, 2019–Real Living Real Estate, one of the nation's leading real estate franchisors and a member of
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Top 25 Leaders and Influencers – Part 1

Leveraging his extensive background of 30-plus years spent dealing with several facets of mortgage lending, Ray Brousseau built the lending platform
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Traditional banking presses down blockchain prospects

Ripple's intentions to introduce its products into the traditional banking sector are already facing serious hurdles. Bank officials do not understand why
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The State of the Health Care Union

President Donald Trump is slated to deliver the State of the Union address this evening at 9 PM Eastern time. The contents are anyone's guess,
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Trump's Inaugural Chairman Looked to Cash In on Infrastructure

On Monday, Bloomberg and other news organizations reported that New York prosecutors sent a wide-ranging subpoena to Trump's inaugural
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Russia Should Build New Missile Systems After US Treaty Suspension, Defense Minister Says

Russian Defense Minister Sergei Shoigu said his country should begin developing new land-based missile systems within the next two years since
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US home prices rise at the smallest rate since 2012

DALLAS — The year-over-year increase in U.S. home prices was the smallest since 2012, according to CoreLogic's latest nationwide home price
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KB Home Announces Pricing of Senior Notes Due 2027 and Senior Notes Due 2023; Company …

KB Home estimates the aggregate net proceeds from the senior notes … credit and financial markets; our ability to access external financing sources
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Brainstorm Health: State of the Union, GSK Deal, Verily Smart Shoe

… taking people who are enslaved from a horrific addiction, and freeing people from horrific enslavement,” Creagan told the Tribune-Herald. (Fortune).
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How Tom Brady And Gisele Bündchen Spend Their Outrageous Fortune

How Tom Brady And Gisele Bündchen Spend Their Outrageous Fortune

What would you do with over half a billion dollars?
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Angela Ahrendts Is Leaving Apple

Fortune ranked Ahrendts as No. 12 on its 2018 list of the Most Powerful Women. In a statement, Apple CEO Tim Cook said that O'Brien would take on
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New York puts the brakes on $1.2 billion merger of Fidelity National and Stewart

The $1.2 billion merger of Fidelity National Financial and Stewart Information Services just hit a major stumbling block, as New York's top financial
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Colony Northstar Credit Real Estate Inc. Class (CLNC) Relative Momentum On the Rise

Colony Northstar Credit Real Estate Inc. Class (CLNC) Relative Momentum On … Traders may use the indicator to determine stock trends or to identify
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Apple Edges Out Microsoft, Amazon to Retake Most Valuable Crown

… largest stock by market capitalization on Tuesday, edging out Amazon.com Inc. and Microsoft Corp. … 3, according to data compiled by Bloomberg.
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Ally sees auto lending top $35bn

Ally Financial saw its auto finance originations increase 2.1% year-over-year to hit $35.4 billion by the end of 2018. Ally CEO Jeffrey Brown said the
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Banking regulator defends stress test, open to change when warranted

The banking regulator also understands the need to “monitor the effects of the stress test under different interest rate changes,” she said after her
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Low-Income Workers Are Less Likely to Receive Employer-Funded Insurance

Wealthier people are more likely to receive employer-sponsored insurance than low-wage workers. A report from the Kaiser Family Foundation found
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Electronic Arts Sinks After Latest Battlefield Video Game Flops

Electronic Arts Inc. slumped 12 percent after its latest Battlefield title flopped and competition from rival games Fortnite and Red Dead contributed to a
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Hungary Becomes First 'Partly Free' EU Nation in Democracy Gauge

Hungary has become the first European Union country to be designated as “partly free” in an annual gauge of democratic freedoms, underscoring the
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Analysts See $-0.48 EPS for Energous Corporation (WATT)

… 2019, also Nasdaq.com with their article: “Trump expects Congress to help overhaul Fannie Mae, Freddie Mac – Nasdaq” published on January 29,
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The rise of digital lending – will Nigerian credit bureaus evolve?

In the past few years, Africa has witnessed a surge in the demand and supply of credit products, especially across retail. Notably, “digital lending” and
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Boston wealth firm sees 'Opportunity' in real estate tax-relief program

This week, TwinFocus announced that it's launching a real estate advisory group within the firm to be led by William Ward, a recent hire from
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Notice of Mortgage Foreclosure Sale: Kimberly and Stpehen Staege

That prior to the commencement of this mortgage foreclosure proceeding Mortgagee/Assignee of Mortgagee complied with all notice requirements as
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Cannabis Smoking Associated With Higher Sperm Count, Study Finds

This view was echoed by leading British expert Allan Pacey , Professor of Andrology at the University of Sheffield. He said: “As the authors point out,
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The Co-operative Bank takes a knife to most fixed mortgage rates, ending up with market leading …

Small challenger banks have limited room to move on mortgage rates compared with the majors. The key limit is what they pay for deposits. Some of
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Amazon Delivers Its Shipping Intentions to FedEx, UPS, USPS via Regulatory Filing

Is there anyone who Amazon isn't competing with? In a recent regulatory filing, (amzn, +0.61%) Amazon added “transportation and logistics services”
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The Next Shadow-Banking Crisis in India

Just a year ago, India's third-largest mortgage lender was bragging about how it had shrunk its financing costs by replacing bank loans with market
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OSFI defends tougher mortgage rules

The solution to the deteriorating dream of home ownership cannot be more household debt or weak mortgage underwriting standards, argues a
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Senate Republicans Break From Trump on Syria Hours Before the State of the Union

The Republican-controlled Senate voted to require President Donald Trump to impose new sanctions on Syria, in a rebuke delivered just hours before
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Fleishman & Associates Launches Its Proprietary Real Estate Taxpayer Mortgage Qualification …

Fleishman & Associates Launches Its Proprietary Real Estate Taxpayer Mortgage Qualification …

Fleishman & Associates has announced the roll out of its proprietary Real Estate Taxpayer Mortgage Qualification Program (MQP), helping business
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Mortgage Loan Limits Just Went Up

Loan limits set by Fannie Mae and Freddie Mac recently jumped to $484,350 for most of the U.S. and as high as $726,525 in places where the cost of
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Border Wall Fight Is a Self-Inflicted Wound for Trump, DNC Chair Perez Says

Democratic National Committee Chairman Tom Perez previews President Donald Trump's State of the Union address with Bloomberg's Kevin Cirilli on
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Congressional Democrats Plan Hearing And Vote On Marijuana Business Banking

Republican leaders blocked cannabis banking amendments and other marijuana measures during the past several Congresses. But new Financial
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The New Zealand real estate problem, with reference to Palmerston North

All the rest of the factors noted point to increases in demand (immigration, natural population growth, easy credit, real income growth, tax structures,
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County welfare director briefs commissioners on impoverished citizens

For the second time in two weeks the commission was approached by a title company seeking access to the Register of Deeds office so it can begin
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Mirae Asset Global Investments has Hyderabad on investment radar

Hyderabad real estate market has been tapping the alternative investment channels for growth for some time now. “Real estate sector is getting
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Skyline Champion Announces Third Quarter Fiscal 2019 Results

ELKHART, Ind.–(BUSINESS WIRE)–Skyline Champion Corporation …. brand names in the factory-built housing industry including Skyline Homes,
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Westinghouse Air Brake Technologies (WAB) Given “Buy” Rating at Seaport Global Securities

Westinghouse Air Brake Technologies (NYSE:WAB)'s stock had its “buy” rating reissued by equities research analysts at Seaport Global Securities in
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CoreLogic: Home prices inch forward in December

Freddie Mac's January Forecast indicated that despite lackluster home price appreciation results, the housing market will continue to hold its ground.
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Trump to tap World Bank critic to lead the institution: reports

US President Donald Trump is expected to nominate David Malpass to head the World Bank, a known vocal critic of the institute's lending to China,
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Melissa Peskey's real estate family comes together for her kids

That she always had something kind to say,” Kris Graff said, who is a lender with Stewart Title Company. She works with many people in the real
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Pixar Takes On Toxic Work Cultures in Online Short

Pixar's latest short isn't exactly a #timesup tale, but the fingerprints of the movement against sexual harassment in the office are all over the film.
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Reston Real Estate: Finding the Diamond in the Rough

This is a sponsored post from Eve Thompson of Reston Real Estate. For a more complete picture of home sales in your neighborhood, contact her on
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Apple Says Retail Chief Angela Ahrendts Leaving in April

Apple Inc. said its of head retail operations Angela Ahrendts is leaving the company in April after serving in the role since 2014. The iPhone maker
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The changing landscape of lending

As banks tighten their credit assessments and change their lending appetite, loan applications are taking longer to process and more borrowers are
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How Should Investors Feel About Natural Alternatives International, Inc.'s (NASDAQ:NAII) CEO Pay?

Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Mark LeDoux became the
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Banking royal commission: Big banks thrown into disarray on financial advice

When he was asked what was the financial proposition for Westpac shareholders in the bank continuing to have an advice function, Hartzer replied:
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Real estate council issues warning about unauthorized property management

The Real Estate Council of Alberta (RECA) has issued a warning about a former real estate associate the group says is offering property management
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Commonwealth Bank's half-year profit slides after property market slowdown

Commonwealth Bank's first-half cash profit has fallen 2.1% to $4.68bn, weighed down by Australia's slowing property markets. Two days after the royal
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MassHousing Provides $25 Million in Financing for Latest Phase of Rental Housing Development …

MassHousing Provides $25 Million in Financing for Latest Phase of Rental Housing Development …

BOSTON – MassHousing is providing $25 million in affordable housing financing to Lena New Boston, to support the latest phase of rental housing
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Is Buying Reading International Inc – Class A Non-voting Com (NASDAQ:RDI), Having Higher …

Investors sentiment decreased to 1.65 in 2018 Q3. Its down 1.35, from 3 in 2018Q2. It dropped, as 4 investors sold Reading International, Inc. shares
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LoHi Merchant Bank and Leading Title Insurance Executive Howard Turk form Investment Banking …

Howard Turk's ProsperitasForward and LoHi Merchant Bank announce the launch of a new investment banking joint venture called Turk & Company.
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The 11 Words the White House Wants Americans to Hear After Trump's Speech

The document, obtained by Bloomberg News, shows how the president's aides are trying to orchestrate an echo chamber of accolades for Trump's
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Will GSE reform come from the White House, Congress … or both?

… the administration was trying to sidestep Congress and use existing FHFA authority to release Fannie Mae and Freddie Mac from conservatorship.
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CMBS Delinquency Falls to a New Post-Crisis Low

The delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities (CMBS) began 2019 by continuing its 2018
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Trump Has Decided Not to Declare Emergency in State of the Union, Sources Say

President Donald Trump has decided he won't declare a national emergency on the U.S. border with Mexico during his State of the Union address on
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Sabal Capital Partners Debuts Commercial Real Estate Loan Program

Sabal Capital Partners LLC is now offering its new Commercial Real Estate Loan Program, designed to be an expansion beyond its activities in the
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Cross-Border Efforts Mark Open Banking, API Collaborations

This new age of Open Banking and PSD2 has opened the door to collaboration between banks and FinTech firms — so, too, has it opened the door to
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Real estate trends hit Gilroy schools

Gilroy realtors are reporting that 1,218 homes (single family, condos and townhomes) were sold in the last two years, yet Gilroy schools are facing a
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Viacom Tops Profit Estimates as Turnaround Takes Hold

Bloomberg Intelligence's Geetha Ranganathan examines first-quarter results from Viacom Inc. She speaks on “Bloomberg Markets.” (Source:
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New York State Teachers Retirement System Has $9.55 Million Position in First American Financial …

The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and
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Here's Who Plans to Boycott the 2019 State of the Union Tonight

President Donald Trump's much-anticipated 2019 State of the Union address is set to happen at 9 p.m. ET tonight. While the theme for this year's
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Ubitquity Blockchain Real Estate Platform and Chain Solutions Partner to Add Reselling Services

… as well as title abstracting. In fact, as we speak, Ubitquity is already in use in some institutions of academic, title companies and municipalities.
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Kony Helps CFG Bank Deliver Digital-First Banking

AUSTIN, Texas–(BUSINESS WIRE)–Kony, Inc., a leading provider of digital banking solutions, and CFG Bank, an innovator in retail commercial
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For Small Business Banking, the Future is Digital—and Self Service

STAMFORD, Conn.–(BUSINESS WIRE)–When it comes to banking, small businesses are beginning to experience the same benefits of technology as
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Net Insight Signs Live Video Streaming Service Agreement With Fortune 500 Company

Net Insight Signs Live Video Streaming Service Agreement With Fortune 500 … Net Insight has signed an agreement with a US-based Fortune 500
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Thousands pray for good health and fortune on first day of Lunar New Year

Thousands prayed for good health and fortune at Beijing's White Cloud Temple in Beijing on the first day of the Lunar New Year. People wrote prayers
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A property developer who's designed multimillion-dollar NYC penthouses says there are 2 major …

In the world of New York City real estate, luxury is lingering on the market a hair too long. “Nothing's selling,” Cary Tamarkin, New York City developer
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Contestants try out for 'Wheel of Fortune' show in Myrtle Beach

MYRTLE BEACH, SC (WBTW) – Two groups of 80 potential contestants auditioned on Tuesday in Myrtle Beach for the Wheel of Fortune.
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Granite Point Mortgage Trust Inc. Reports Fourth Quarter 2018 Financial Results and Activity Post …

Granite Point Mortgage Trust Inc. Reports Fourth Quarter 2018 Financial Results and Activity Post …

NEW YORK–(BUSINESS WIRE)–Granite Point Mortgage Trust Inc. (NYSE: GPMT) today announced its financial results for the quarter ended
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NYAMB Presents: Countdown to Compliance Live Video Webinar

NYAMB Presents: Countdown to Compliance Live Video Webinar, set for Monday, February 11 ffom 1:00 p.m.-2:00 p.m., presented by Al Alper,
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Here's how much Mr. Cooper is paying to buy Pacific Union Financial

… officially confirmed that the company finalized its acquisition of Pacific Union Financial, a development that HousingWire first reported on Monday.
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New Research from ATRI Identifies E-Commerce Impacts on the Trucking Industry

“Last Mile Fulfillment Centers” represented 73 percent of the industrial real estate market in 2017, a 15 percentage point increase from the previous
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Wheel of Fortune and Jeopardy postponed Tuesday due to State of Union

PHOENIX (3TV/CBS5) — Wheel of Fortune and Jeopardy will be postponed on Tuesday night due to President Trump's State of the Union Address.
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Larrabee: KC area plays key role in growing Arvest's mortgage business

“They can visit a mortgage lender in a branch, have a mortgage lender visit them at a place that's convenient or start the process online or through a
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A Russian Billionaire's $1.7 Billion Grocery Spree

The Russian's bid for Spanish grocer DIA is driven partly by opportunism and partly by the need to stop the rot. By. Chris Hughes. February 5, 2019
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Crypto Exchange Founder Filed Last Will 12 Days Before He Died

Gerald Cotten, the Canadian behind cryptocurrency exchange Quadriga CX, filed a will 12 days before his death listing substantial assets, according
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Mortgage brokers accused of 'scaremongering' over banking inquiry's commission ban

The securities watchdog has noted that loans through mortgage brokers, which make up around 60 per cent of the total, typically involve higher
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Bank lending leading financing tool for large projects in GCC

He added: “The lending environment may change in the future as borrowers become more sophisticated, GCC markets become more mature and
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AT&T snags NBA sponsor title away from Verizon

An AT&T spokesman says the company intends to work with the NBA to advertise across all of its marketing channels., as well as market products
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In a surprising twist, the state of housing demand is suddenly strong again – but it could be temporary

The rise in home prices has also slowed down. While prices in December were still up 4.7 percent annually, according to CoreLogic, it was the
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Denver's January housing market marks 'best time to buy in a long time'

The number of listings in metro Denver's January 2019 housing market was up 52 percent compared to January 2018, according to the latest Denver
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Commercial property sales hit near record-breaking total of $562B last year

Commercial real estate sales hit near-record levels in 2018, and low interest rates could make for another strong year. The total value of U.S.
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Venezuelan Money Supply Is Surging at the Fastest Pace on Record

Venezuelan money supply rose 31 percent in the week through Jan. 25, according to central bank data. That's the fastest expansion since at least
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Philip Morris International Inc. (PM) Holdings Reduced by New York State Teachers Retirement …

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Capital International Investors
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Super Bowl LIII Was a Disappointment for TV Ratings

Super Bowl LIII was a disappointment on many levels—and television ratings was one of them. CBS on Monday announced that the Super Bowl game
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Open Banking FinTech Bud Lands $20M

Open Banking-as-a-service FinTech Bud has announced $20 million in Series A funding, the company said in a blog post on Sunday (Feb. 3). HSBC
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Metro Denver's real estate slowdown spills over into 2019

Home sellers in metro Denver came out ready to play ball in a big way in January, but buyers didn't show up to meet them in equal numbers.
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A Growing NFL Brand Problem: Rihanna Joins Celebrities Slamming the League

One reason viewer ratings for the Super Bowl were the lowest since 2008 could be celebrity boycotts, which have become a prominent problem for the
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NoCo real estate summit to review market, forecasts

NoCo real estate summit to review market, forecasts

LOVELAND — A review of demographic shifts in the Northern Colorado marketplace coupled with forecasts for both commercial and residential real
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No, Zoning Reform Isn't Magic. But It's Crucial.

… can all significantly impact housing prices, the volume of new construction, and whether housing is affordable or if affordable housing gets built.
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Wild Boar Sightings: Anything but a Sign of Good Fortune

Wild boars are often viewed as a symbol of good fortune in China, especially with the arrival of the Chinese Lunar Year of the Pig Tuesday.
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Republican Senators Embrace Their Power to Stop Trump's Wall

Allowing the president to dictate federal spending would undermine Congress's most important constitutional role. By. Noah Feldman. February 5
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'Why wait': challenge laid down to the banks and Parliament

Graeme Samuel, who will spearhead a root and branch review of the prudential regulator, has set a challenge for the banks. He wants them all to sign
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David Malpass Could Head Up World Bank (Podcast)

Andrew Mayeda, Bloomberg News Global Trade and Economy Reporter, discusses President Trump planning to nominate senior Treasury official
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Affordable Interest Mortgage

Reverse Mortgage professional David Olson joined us from Affordable Interest Mortgage to talk about the benefits of a Reverse Mortgage, who is
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CMLS Financial releases in-depth February 2019 Commercial Mortgage Commentary

TORONTO, Feb. 05, 2019 (GLOBE NEWSWIRE) — CMLS Financial, one of Canada's largest, independently owned mortgage services companies,
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Senate set to hear from Fannie, Freddie overseer next week: WSJ

… (OTCQB:FNMA -5.2%) and Freddie Mac (OTCQB:FMCC -6.6%) who's nominated to oversee the mortgage giants, the Wall Street Journal reports,
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We Are One Seven LLC Buys New Stake in Mondelez International Inc (NASDAQ:MDLZ)

We Are One Seven LLC bought a new position in shares of Mondelez International Inc (NASDAQ:MDLZ) in the 4th quarter, according to its most recent
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Goldman May Shrink Fixed-Income Trading Unit as Blankfein Defends Buybacks

Goldman Sachs Group Inc. is considering plans to reduce the capital dedicated to its core trading business within the fixed-income group, a nod from
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Josh Warrington to defend his world title against Kid Galahad

Warren has now confirmed his Queensberry Promotions company will stage the fight in Warrington's ring return after his stunning success over Carl
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Customers offered faster change in political fight over bank scandals

But Opposition Leader Bill Shorten is facing a backlash from mortgage brokers on another front because they fear that embracing a separate Hayne
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SOLD.com Launches as Recommendation Engine for Sellers

A start-up company is now offering a consumer-facing online platform designed to help homeowners in researching and evaluating the best way to
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Guaranteed Rate Continues Midwest Expansion

Guaranteed Rate introduced the market's first digital mortgage, creating an easy-to-understand, transparent loan process, which has led to an
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Fannie Mae Increases Small-Loan Limit

Fannie Mae is raising the loan limit of small mortgage loans to $6 million from $3 million or less nationwide and $5 million or less in high-cost markets.
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Banks Report Loan Demand Is Weakening

From a high-level summary, banks reported that tightening lending standards were expected in the future, demand for loans had weakened and future
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Rising Stars nominations open today!

HousingWire's Rising Stars program recognizes industry professionals under 40 who have become leaders in their respective fields. Those who are
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Real Estate Insider: Monroe Blocks construction milestones | Super Block video | New rent record …

Here are some new tidbits about a pair of projects two Detroit billionaires are working on. Let's start with the one that's most likely to happen first.
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Verus Completes $254 Million Investor Loan MBS Transaction

Verus Mortgage Capital (VMC) has finalized its eighth rated RMBS (residential mortgage-backed securities) transaction for $254 million.
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30958 Shares in Relx PLC (RELX) Purchased by Steinberg Global Asset Management

30958 Shares in Relx PLC (RELX) Purchased by Steinberg Global Asset Management

Capital International Investors raised its stake in shares of Relx by 21.1% in the third quarter. Capital International Investors now owns 2,876,400
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Moody's Analytics Debuts Network for Commercial Real Estate Data

REIS Network also includes an analytical tool for decisioning and monitoring commercial mortgage with integrated default and recovery models to
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Why Student Housing Is Attracting Institutional Investors

Harrison Street Real Estate Capital Co-founder, President, and Chief Executive Officer Chris Merrill discusses the senior citizen, medical, and student
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Richard Meier & Partners, after the departure of Richard Meier

Last week, The Real Deal sat down with Karpf in an airy conference room in the firm's all-white office — “what else?” he said — to talk about the firm's
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Banking royal commission: Hayne prompts $19b rally for the banks

Banks also avoided any recommendations that would have expanded how they assess the suitability of borrowers and are still allowed to use the
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CLPS Moves Deeper Into Lending by Increasing Stake in Lihong; Stock Rises 2%

CLPS Inc. (Nasdaq: CLPS) announced today that it will increase its ownership in Lihong Financial Information Services Co. Ltd. from 2.7 to 36.8
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Automotive Turbo Housing Market is Booming Worldwide |Teksid, Linamar

Global Automotive Turbo Housing market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast
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Detroit's old banks have vanished but new services may be better

Plans to build a new bank headquarters tower in downtown Detroit to house the Chemical Bank/TCF merger recalls how different the financial services
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Construction Professional Services: Procurement Market Intelligence, Sourcing and Procurement …

Our strength lies in delivering robust, real-time procurement market … PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL
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UPDATE 1-Canadian regulators may review terms of mortgage stress test

TORONTO, Feb 5 (Reuters) – Canada will consider changing the terms of a stress test designed to cut out risky mortgage lending if market conditions
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Drugmakers Blame Middlemen for High Prices But Still Make Huge Profits

With drug prices climbing far faster than inflation, the cost of prescription medicine has become a big issue in the U.S. They are the third highest
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Billionaire's Supersonic Jet Project Wins Backing From Boeing

Boeing Co. is joining with Aerion Corp., a startup founded by Texas billionaire Robert Bass, to help build a supersonic business jet that would cut
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HSBC cuts dozens of investment banking jobs: Source

HSBC is preparing to lay off dozens of staff in its global banking & markets business, a source with direct knowledge of the matter told Reuters, as it
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Fannie Mae Increases Multifamily Small Loan Limit

Fannie Mae plans to increase the loan limit of its small mortgage loans for the multifamily market from $3 million to $6 million nationwide and to $5
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Is Giving the State of the Union Response Good for Your Career?

For some politicians, providing the official State of the Union response has been career gold. For others, not so much. Democrats this year chose
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Trump Did Not Consult His Top Military General Before Announcing Withdrawal From Syria

President Donald Trump's top commander on Middle East operations said the president did not consult him before announcing all American troops
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Manitex International Inc (MNTX) Shares Bought by WealthTrust Axiom LLC

WealthTrust Axiom LLC grew its stake in Manitex International Inc … company's stock after buying an additional 73,073 shares during the period.
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Amazon CEO Jeff Bezos' fortune has doubled since Trump's election in 2016

CNBC's Robert Frank reports on the relationship between Amazon CEO Jeff Bezos and President Donald Trump. Trump has been critical of the CEO,
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State of the Housing Market

Diana Olick breaks down the state of the housing market under the Trump Administration as interest rates have fallen. Watch CNBC Live TV
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Germany must play role in international finance and banking

BERLIN, Feb 5 (Reuters) – German Economy Minister Peter Altmaier said on Tuesday that Germany needed to play a role in international finance and
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It's not getting any easier to buy a house, and more Americans may just give up

It's not getting any easier to buy a house, and more Americans may just give up

Those two measurements characterize what might be the housing market's biggest headwind right now. There's a litany of hurdles for any would-be
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The gripping story of pharma entrepreneur Jayaram Chigurupati who lost his fortune, and life

The deal with Ranbaxy made Chigurupati overnight billionaire. Flush with cash he went on to acquire and set up at least a dozen companies.
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Reciprocal Trade Act Aims to Increase Trump's Tariff Authority

Representative Matt Gaetz, a Republican from Florida, discusses President Donald Trump's authority on U.S. trade policy and tariffs and what he
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Jackson Grant Investment Advisers Inc. Buys 381 Shares of Philip Morris International Inc. (PM)

Jackson Grant Investment Advisers Inc. grew its stake in Philip Morris International Inc. (NYSE:PM) by 17.5% in the fourth quarter, according to the
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Sompo policy offers mortgage lenders protection

Sompo Global Risk Solutions will offer specialized property and liability protection to U.S. banks and lending institutions for their mortgage loan
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Lending blessings for the community

GRAFTON—Residents may have noticed a new addition along Main Street, with a simple meaning behind it: to help those in need. Nestled below the
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UK financial institutions will receive more clarity on Open Banking

The Open Banking Implementation Entity (OBIE) has published its Operational Guidelines and accompanying checklist to help financial institutions
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Provident in Calif. to shutter originate-and-sell mortgage business

The $1.2 billion-asset company said in a press release Monday that it will shutter its Provident Bank Mortgage unit by June 30. About 120 full-time jobs
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Canadian Opera Company plays it safe with Turandot, Barber of Seville and more next season

Canadian Opera Company plays it safe with Turandot, Barber of Seville … She is also sharing the title role in Turandot with fellow American Marjorie
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Home Price Growth Slowest Since 2012

Home prices increased by 4.7 percent year-over-year in December, the slowest rate since August 2012, according to new data from CoreLogic.
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Pennsylvania Is Trying to Tax Violent Video Games—Again

Lawmakers in Pennsylvania are looking to impose a big tax on mature video games. Under a bill introduced to the state's General Assembly, any
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Oceaneering International (OII) Downgraded by Zacks Investment Research

Societe Generale lowered Oceaneering International from a “buy” rating to a “hold” rating and set a $13.94 price target for the company. in a report on
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EDC housing survey findings

Concerns regarding the adequacy of housing to meet demands are not … There is demand for Woodstock housing at several market levels, but it is
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Pay Attention to Taxes During Trump's State of the Union Speech

Markets should “pay close attention” as President Trump may sound more upbeat about the economy during tonight's State of the Union address, but
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Watchdog stands by controversial mortgage stress test

The Office of the Superintendent of Financial Institutions Canada (OSFI) has taken a lot of heat for its mortgage stress test, aka B-20. “The stress test
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Trump Nominates Former Oil Lobbyist David Bernhardt to Run Department of Interior

In a tweet on Monday, President Trump announced that Acting Secretary of the Interior David Bernhardt would be his nominee to permanently replace
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Morning Wire: Redistricting, public option, Sen. Slade Gorton

Morning Wire: Redistricting, public option, Sen. … Wire reporter Sara Gentzler was at the House bill's first hearing and gives an overview of the
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Banking royal commission: NAB's Ken Henry faces shareholder pressure

Kenneth Hayne's decision to single out National Australia Bank chairman Ken Henry and chief executive Andrew Thorburn for special criticism in his
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Canada's banking regulator says mortgage stress test must be monitored

TORONTO, Feb 5 (Reuters) – Canada will monitor the terms of a stress test designed to cut out risky mortgage lending in light of rising interest rates,
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Banking royal commission: NAB misjudged Kenneth Hayne

By August, an examination of NAB's superannuation trustee NULIS kicked off speculation over whether criminal charges could ensue, as the bank
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Indiana Couple Competing on "Wheel of Fortune" Tuesday Night

Indiana Couple Competing on "Wheel of Fortune" Tuesday Night

YORKTOWN, Ind. — A husband and wife from Delaware County will be contestants on Tuesday night's episode of “Wheel of Fortune.” Andrew and
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Wire Insider: SeaTac City Councilmember Peter Kwon

SeaTac City Councilmember Peter Kwon joins us as a “Wire Insider” to discuss affordable housing, one of the paramount priorities for both parties this
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May Heads to Northern Ireland in Search for a Brexit Answer

Prime Minister Theresa May will start a two-day visit to Northern Ireland on Tuesday to try to bolster support for her divorce deal with the European
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Mortgage Real Estate Ishares ETF (REM)'s RMI Trend Increasing Over Past Week

Mortgage Real Estate Ishares ETF (REM) shares have popped up on the radar as the RMI or Relative Momentum Indicator has trended higher over
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Acting Attorney General Whitaker Gets Subpoena Threat Ahead of Hearing

House Judiciary Chairman Jerrold Nadler said he is prepared to issue a subpoena to Acting Attorney General Matthew Whitaker if he tries to avoid
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NRA Spent Record Amount Lobbying Congress, With Little to Show

(Michael R. Bloomberg, founder of Bloomberg News parent Bloomberg LP, is a donor to candidates and groups that support gun control, including
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Home values are rising at the slowest rate in more than six years

Home prices rose 4.7 percent in December, according to CoreLogic. That is the smallest annual gain since August 2012. Prices are still rising because
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How a Senior Goldman Executive Tried to Bury a Fight With a Dismissed Trader

Bloomberg News was apprised of contents of the call. The deal that ended Rollins' career at Goldman was a trade arranged by Windhorst. Rollins
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Rust Belt Cities Should Try Embracing the Suburbs

Merging aging urban centers with surrounding municipalities shows promise as a path to revival. By. Noah Smith. February 5, 2019, 7:37 AM PST
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Banking watchdog defends contentious mortgage stress test as safety buffer banks and borrowers …

A federal banking regulator on Tuesday defended a stress test for mortgages that has come under fire from critics claiming the measure is making it
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Blockchain Lending Firm Dharma Raises $7 Million From Coinbase Ventures, Others

San Francisco-based blockchain lending firm Dharma Labs has raised $7 million from big investors including Coinbase Ventures, as the company
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You Can Finally Unsend Texts in Facebook Messenger

Facebook Messenger is a little less permanent starting today. The company has finally rolled out an unsend feature on its messaging service, which
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Strong Economy, Cheap Money Boost Commercial Property Market

A strong economy helped lift commercial real-estate sales to near-record levels last year, and many investors are counting on low interest rates to
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Google's New Feature Will Make It Harder for Hacks to Spread

Google wants to make web browsing a little more secure. With data breaches and hacks becoming seemingly more common, Google announced two
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This is Who is Boycotting Trump's State of the Union Tonight

President Donald Trump's much-anticipated second State of the Union is set to happen at 9pm ET tonight. The speech was originally slated to happen
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Real estate behemoth Douglas Elliman buys St. Petersburg's Strickland Property Group

The nation's third largest residential brokerage has bought the Strickland Property Group, one of Pinellas County's most successful real estate firms.
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Your 50 Real Estate WallStars By Yield And Target Gains For February 2020

50 Top Real Estate WallStars by Yield ranged 6.74%-13.75%. Top ten, CHMI, MFA, GNL,SNH, ANH, NRZ, DX, UNIT, WMC, & ORC, averaged 12.32%
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McDermott International Inc (MDR) Shares Sold by Louisiana State Employees Retirement System

McDermott International Inc (MDR) Shares Sold by Louisiana State Employees … McDermott International, Inc provides engineering, procurement,
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Study assesses long-term financial impact of living in your parents' basement

Research shows that those who buy homes earlier in life amass the greatest amount of housing wealth in their later years, with homeowners 25 and
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HSBC cuts dozens of investment banking jobs – source

LONDON (Reuters) – HSBC is preparing to lay off dozens of staff in its global banking and markets business, a source with direct knowledge of the
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Just Mortgages appoints two area directors

Just Mortgages appoints two area directors

Just Mortgages has appointed two area directors who are joining as part of the self-employed division. Jon Taylor has joined as area director for the
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January home sales up 16% amid hot Ottawa housing market: OREB

A record accumulation of snow did nothing to put a chill in Ottawa's red-hot housing market in January. Local realtors sold 820 residential properties
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Trump Administration Pushing for GSE Reform

The proposal would release Fannie Mae and Freddie Mac from conservatorship, subject to tight market-share restrictions. The companies, which are
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Philippine Inflation Cools, Giving the Central Bank 'More Space'

7, according to all 12 economists in a Bloomberg survey. … was below the 4.5 percent median estimate of 16 economists in a Bloomberg News survey
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The State of Housing Is …

According to Freddie Mac's latest forecast, 30-year fixed-rate mortgages began to let up at the end of the year, after climbing for several months,
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Report Finds The Ten Hottest Housing Markets of 2018

While the U.S. saw home values grow on average by about 7.7 percent from 2017 to 2018, some markets were bigger winners than others, according
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Mondelez International Inc (MDLZ) Shares Sold by JFS Wealth Advisors LLC

JFS Wealth Advisors LLC's holdings in Mondelez International were worth … A number of other institutional investors and hedge funds have also
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School board to address tangled real estate issues

Leased property owned by the St. Landry Parish School Board has become an entangled real estate issue that will be discussed further during the
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Banking Regulator Opens Door to Easing Canadian Mortgage Rules

Canada's banking regulator defended tougher mortgage underwriting rules blamed recently for a slump in the nation's housing market, but left open
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Baxter International Inc (BAX) Shares Bought by Boys Arnold & Co. Inc.

Inc.'s holdings in Baxter International were worth $284,000 at the end of the most recent reporting period. A number of other institutional investors and
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Redfin: West Coast shifting to a buyers market

Although several housing markets were impacted by January's slow growth in home sales, new data from Redfin indicates the West Coast is
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AMLO's Pemex Pledge Sparks Rally in Oil-Giant's Battered Bonds

… to unveil will be in addition to the tax breaks already announced, presidential spokesperson Jesus Ramirez told Bloomberg News in an interview.
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Genesis to buy back real estate from Welltower, get relief from rent rises

Genesis HealthCare announced Monday that it plans to buy back 15 facilities that it has been leasing from real estate investment trust Welltower.
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Just Mortgages appoints two area directors to self-employed division

He began his career as a consultant at Royal Liver Assurance before moving to Reeds Rains where he worked for 18 years as a mortgage and
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McGuire Investment Group LLC Increases Holdings in Honeywell International Inc. (HON)

McGuire Investment Group LLC's holdings in Honeywell International were worth $2,543,000 as of its most recent SEC filing. Other large investors
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Trump's State of the Union Expected to Underscore Political Rancor

He has hinted that he may make news — a national emergency declaration on the U.S. southern border, a proposal on drug prices or on AIDS, or dates
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Durham's Adwerx powers more real estate advertising in an ever-changing market

DURHAM – As competition for home sellers becomes more intense, Durham-based Adwerx is providing advertising tools that allow real estate agents
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Alphabet Slides as Analysts Cite Caution Over Falling Margins

Alphabet Inc. fell in pre-market trading after the company reported fourth-quarter revenue that beat expectations, but heavy spending to expand its
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Senate Panel to Consider Nomination of Fannie, Freddie Overseer Next Week

Ending government control of Fannie and Freddie, which back roughly half of the $10 trillion mortgage market, is Congress's last major to-do item in
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Global Lending Services Delays Launch of Mobile Wallet

Subprime lender Global Lending Services pushed back the launch date of its mobile wallet functionality, which will allow consumers to make auto loan
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