These housing markets are in danger of a coronavirus-related recession

These housing markets are in danger of a coronavirus-related recession

Housing counties that could be most at risk in the worsening financial crisis. Las Vegas Strip has been closed due to the the statewide closure of
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House sales will 'collapse', says UBS as it rips up its forecasts

The slumping market prompted the economists on Thursday to scrap their latest forecast for a 5 per cent increase in dwelling prices this year – itself
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Why Real Estate Stocks Plunged Wednesday

Why Real Estate Stocks Plunged Wednesday. The COVID-19 coronavirus pandemic is crushing the spring housing market.
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James A. Redden, longtime federal judge and Oregon politician, dies at age 91

He worked for a year as a title company clerk and a claims adjuster in Portland before moving to Medford where he built a law practice. In 1963, he
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Homeland Security Declares Real Estate 'Essential,' But

Where real estate services are continuing—albeit in modified forms—brokerages are cautioning their agents to act responsibly and to practice safe
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How coronavirus is impacting the housing market

One question raised is how it is impacting housing. Posted: Apr 1, 2020 8:32 PM. Posted By: Karen Alvarez, Elita Goyer.
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Hulu Founder and Former CEO to Head Up AT&T's WarnerMedia

That's right — they think these 10 stocks are even better buys. … stocks for investors to buy right now… and Marriott International wasn't one of them!
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Breaking: No evictions in April, Utah Gov. says

Those owing money to Fannie Mae or Freddie Mac must request forbearance but will be granted up to six months of deferred payments. This is a
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Gaming Services Like Twitch, Discord Are Booming

Bloomberg the Company & Its ProductsThe Company & its … Twitch, the livestreaming video service owned by Amazon.com Inc.; Microsoft Corp.
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Paradigm Is Biggest Winner of MakerDAO Lending System's MKR Governance Tokens, to Cover …

The MKR auctions were trying to make up for $4.5 million in bad debt in the Maker lending ecosystem, which had resulted from several liquidators
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LA City Councilmen Push Congress On Rent, Mortgage Forgiveness Legislation

Maxine Waters, Councilmember David Ryu called for a temporary suspension and forgiveness of mortgage payments for both single-family
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Huobi Wallet Adds Support for Lending and Borrowing Services

Huobi's cryptocurrency exchange Huobi Wallet has entered into a partnership with Cred, a licensed lender in California, to offer lending and borrowing
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Federal Reserve Temporarily Eases Some Bank Leverage Requirements

The SLR, which applies to banks with over $250 billion in assets, was created by the U.S. central bank following the 2007-2009 financial crisis that saw
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SEK TENDER OPERATION ANNOUNCEMENT FOR ONWARD LENDING

SEK TENDER OPERATION ANNOUNCEMENT FOR ONWARD LENDING 2020-04-03. Transaction type: SEK Credit. Tender date: 2020-04-03.
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Chief regulator says mortgage bailout is 'on the honor system', pleads with borrowers to be honest

In an interview Wednesday, the chief regulator of mortgage giants Fannie Mae and Freddie Mac, FHFA Director Mark Calabria, begged borrowers to
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Essential business: The showing must go on for real estate industry

Freddie Mac said 30-year-fixed-rate mortgages averaged 3.5 percent in the week ending March 26, down .7 points from the previous week.
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Need to pay rent during coronavirus? State-by-state guide

Some states have already pressed pause on all evictions, and Fannie Mae and Freddie Mac will let landlords defer mortgage payments if they do not
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Real estate broker/owner Leigh Brown answers five questions on navigating tough economic …

HousingWire: What are you doing within your real estate business to adapt to the current … I coached my sellers to send me a video of their house.
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Mega bank merger marks new dawn for Indian banking space: Finance ministry

Six public sector banks (PSBs) namely Oriental Bank of Commerce, United Bank of India, Syndicate Bank, Andhra Bank, Corporation Bank and
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Google Data Centers' Secret Cost: Billions of Gallons of Water

Bloomberg the Company & Its ProductsThe Company & its … water use may increase as it chases Amazon.com Inc. and Microsoft Corp. in the
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COVID-19 Highlights Need for Banking to Focus on Financial Wellness

COVID-19 Highlights Need for Banking to Focus on Financial Wellness

To get a better perspective on the impact of COVID-19, and the response required by both the banking industry and government to address the needs
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Barclays aims for net zero carbon emissions by 2050

Barclays was one of 130 banks to sign on to the United Nations' Principles for Responsible Banking in September. Research has indicated climate
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Buying NXP Semiconductors NV (NXPI) And Service Corporation International (SCI) Is The Better …

Buying NXP Semiconductors N.V. (NXPI) And Service Corporation International (SCI) Is The Better Thing To Do. By. Cody Martinez. -. April 1, 2020.
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Homebuilder reverses decision to keep Pasco man's $13.5K downpayment after coronavirus …

Russell Keitel was just weeks away from closing on a new home in the … Understandably, his financing with Horton's DHI Mortgage fell through.
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Leaders Consolidate Power Amid Virus

Leaders Consolidate Power Amid Virus. Bloomberg Markets · TV Shows. April 1st, 2020, 1:38 AM PDT.
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The Future of Office Space Real Estate Market

Without hesitation, the first topic cited by these executives was the coming upheaval in the office space real estate market. To a person, everyone said
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How Gleensite is predicting the future of real estate investing

Gleensite is a London based property technology company that uses big data & AI to predict the trends and evolution of the real estate/property market.
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Post-IPO filings reveal significant insider buying on Imara

The Benchmark Company, Valuable Capital, Maxim Group LLC, China Merchants Securities, AMTD Global Markets and BOCI Asia acted as lead
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Is Kam Hing International Holdings Limited (HKG:2307) A Good Fit For Your Dividend Portfolio?

It would not be a surprise to discover that many investors buy it for the dividends. Some simple analysis can reduce the risk of holding Kam Hing
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Mortgage

That's why we're answering your most frequently asked questions about how the coronavirus pandemic might be impacting your home mortgage needs.
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Fed Temporarily Eases Capital Requirements for Big Banks

The Fed said it would exclude for one-year Treasurys and deposits held at the central bank from banks' supplementary leverage ratio calculation. The
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VIDEO: Gov. Tate Reeves issues shelter-in-place order for State of Mississippi

VIDEO: Gov. Tate Reeves issues … Evictions are suspended, though people are still required to pay any rent or make any mortgage payments.
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CEOs are taking pay cuts as furloughs and layoffs mount. Is it actually helping?

And Fortune 500 companies may be backed into a corner when it comes to this sort of conscious capitalism, after the unveiling of the Business
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COVID-19 Customer Hardship Relief Program begins

(Secondary market loans will be subject to forbearance guidelines set forth from Freddie Mac and will be assessed on a case-by-case basis.).
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Real estate functions now deemed essential by state

Real estate brokerage operations had previously been considered nonessential under Gov. Andrew Cuomo's PAUSE order issued to prevent the spread
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The Market's Coronavirus Freak-Out Isn't Over Yet

Photographer: Bloomberg/Bloomberg. Mark Gongloff is an editor with Bloomberg Opinion. He previously was a managing editor of Fortune.com, ran
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Banks Helping Customers Affected by Coronavirus

And by logging on to Ally.com/auto, you can defer your auto financing … Customers having trouble making mortgage and credit card payments can
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WATCH: Chi Mhende's 'Spread Light' video keep fans hopeful during lockdown

Actress Chi Mhende is trying to keep South Africans positive during this time of the national lockdown with her daily live videos. In the most recent
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Markets Can't Ignore These Four Crucial Uncertainties

Falsely reassured by large end-of-quarter rebalancing inflows into stock markets, many analysts and market participants still seem to be resisting four
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Big business lending a hand to small business in Augusta

Big business lending a hand to small business in Augusta. CSRA News. Posted: Apr 1, 2020 / 02:49 PM EDT / Updated: Apr 1, 2020 / 02:49 PM EDT.
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Nationwide Expands EquityPower Private Reverse Mortgage to Wholesale Channel

Nationwide Expands EquityPower Private Reverse Mortgage to Wholesale Channel

Mahwah, N.J.-based top-20 reverse mortgage lender Nationwide Equities is expanding the reach of its proprietary EquityPower reverse mortgage
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Rent, mortgages still due despite financial losses due to COVID-19

As for mortgage holders, hud has placed a 60 day moratorium on foreclosures for homeowners with FHA backed loans.” The man News 4 spoke with
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Updated: Renaissance Capital's 1Q 2020 US IPO Market Review

… to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO), Renaissance International ETF (symbol: IPOS), or separately
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UK Urges Banks To Nix Personal Guarantees For SMBs

Lloyds Banking Group and Royal Bank of Scotland said they will not ask for personal guarantees for companies impacted by the outbreak even if they
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Coronavirus Crisis Threatens Housing Security For Millions Of Americans

What's being done to help people facing housing insecurity and shore up real estate markets amid the coronavirus crisis? The Great Recession of 2008
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Virtual Rally Calls For Cancellation Of Rent, Mortgage Payments During Coronavirus Pandemic

… rally on Wednesday calling for government entities to cancel rent, mortgage and utility payments in response to the novel coronavirus pandemic.
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Unable to pay your mortgage or rent due to COVID-19? Here's what you need to know

The health impacts and job losses from COVID-19 have made it difficult for many Nevadans to make their rent or mortgage payments. With the state
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Banks wary of liquidity extend expensive, shorter-dated credit to GE

JP Morgan, Citigroup, Bank of America, BNP Paribas, Goldman Sachs and Morgan Stanley lead the GE loans. “During times of volatility, banks prefer to
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What Is Mikobeaute International's (GTSM:6574) P/E Ratio After Its Share Price Tanked?

Unfortunately for some shareholders, the Mikobeaute International … Investors have optimistic expectations of companies with higher P/E ratios,
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Ban on viewings and valuations closes down the housing market

The Government lockdown means the housing market is effectively shutting down for buyers and sellers. Physical house viewings are no longer
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If you're worried about rent and mortgage payments, here's what you can do to relieve financial stress

AUSTIN, Texas — On April 1, some people may have been scrambling and trying to figure out how to make rent and mortgage payments. But if you're
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Online Lenders Cut Credit to Cash-Hungry Businesses

(Bloomberg) — Kabbage Inc., an online lender backed by SoftBank Group Corp., cut off credit to its small-business clients in the past week, more than
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Bill Roark: Time will tell how COVID-19 affects real estate market

How does all of this affect the real estate market? Will buyers disappear or will they respond to the new uncertainties by moving forward? I looked at
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Business pays mortgage in full to Hobart; city to dismiss lawsuit, attorney says

McCarthy said Gutierrez, who also owns Villa del Sol restaurant on U.S. 30 in Merrillville, wired the $158,681.40 owed on the mortgage in the last couple
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Advisors must prepare for surge in LatAm lending requests, says Insigneo's De Ontañon

I spoke with the Miami-based executive about the new reality many in the financial industry are dealing with amid the Covid-19 crisis. Check out the
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Building Diversity Among the Ranks Requires Out-of-the-Box Thinking

Mortgage borrowers are diverse, coming from all walks of life. … are single females, according to the National Association of Realtors (NAR).
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Divine Fortune Keeps Paying: A Deeper Look At The Prized PA Progressive Slot

A look back at Divine Fortune's past winners. With land-based casinos in the Keystone State shuttered due to the coronavirus (COVID-19),
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The next hit to your retirement fund: Disappearing dividends

Banks have already started ditching payments worth billions of dollars, and so have companies in other industries. The cuts are a sign of just how big
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Fed's Rosengren Says Main Street Lending Program Two Weeks Away

Federal Reserve Bank of Boston President Eric Rosengren said the roll-out of a new lending program for small-and-medium-sized U.S. companies
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Hackers 'Without Conscience' Target Health-Care Providers

A copy of the document was seen by Bloomberg News. The group said it had stolen a terabyte of information from 10x Genomics. A security
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Dow Jones Dives Further After Worst Q1 Ever As Trump's Grim Outlook Sinks Market

Dow Jones Dives Further After Worst Q1 Ever As Trump's Grim Outlook Sinks Market

Every S&P sector fell in Wednesday's stock market, with dividend-heavy utilities and real estate at the bottom of the pile. The Utilities Select Sector
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How COVID-19 is affecting local real estate

Like so many industries, the challenges arising from the coronavirus pandemic have caused those of us in real estate to be creative and innovative.
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Real Estate Firm Baird & Warner Announces $150000 Donation Toward Chicago's COVID-19 …

@bairdwarner real estate firm gives back to Chicagoland communities it serves with $150,000 donation toward the COVID-19 response. Tweet this.
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Treasury Department Selects Wall Street Banks to Advise on Airline Aid

Morgan Stanley advised on the cleanup of Fannie Mae and Freddie Mac, while financier Steven Rattner became the “car czar,” helping the Treasury
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SoftBank-Backed Lender Kabbage Cuts Off Businesses as Cash Needs Mount

Kabbage Inc., an online lender backed by SoftBank Group Corp., cut off credit to its small-business clients in the past week, more than a dozen
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Coronavirus: What To Do If Laid Off & Can't Pay Bills

… Affairs, the U.S. Department of Agriculture and mortgages backed by Freddie Mac and Fannie Mae, which are controlled by the federal government.
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Real Estate Still Moving

Local title companies are severely limiting the people coming in and out of … due to the global pandemic need to contact their mortgage company.
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Citigroup CEO Michael Corbat says bank is 'working around the clock' on small business relief …

The bank is “making sure that we've got the digital interface set up so that people can apply online, we can get the documentation we need online for the
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Is it STILL a good time to buy a house?

Michael Mesa is a Certified Mortgage Planning Specialist with Land Home Financial Services. He says that, despite the pandemic, the housing supply
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Banks paid millions in bonuses weeks before ban on cash rewards

Insiders said bonuses are usually paid alongside bankers' March pay cheques, including at the British firms with the biggest investment banking bonus
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ETFs Liquidate at Quickest Pace Since 2017 Amid Market Turmoil

… down and returned their money to investors in the first quarter as the coronavirus outbreak roiled markets, according to data compiled by Bloomberg.
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Drieghan Hits Black Desert Console, Plus Get Your Fortune Told

Additionally, for April Fool's Day, you will be able to glimpse a hint of the future via a new but familiar fortune teller on the website. In addition
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Coronavirus applies 'hand brake' to Irish property market

DNG's house price gauge, which measures resale property prices across Dublin, suggested price pressure remained strongest at the entry level to the
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What rent and mortgage relief could look like during coronavirus

The Seattle City Council thinks all rent and mortgage payments should be delayed during the pandemic. Councilmember Tammy Morales proposed a
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How is coronavirus affecting Prague's real estate market?

A wider impact on property prices is also possible, some experts say. In order to stimulate the housing market, the finance minister has proposed the
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Sierra Pacific Escapes From Price-Fixing Kickback Suit

According to the suit, All Star Title Inc. started shelling out kickbacks in 2008 to employees at several lending services in exchange for referrals, with
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York County real estate taxes: Here's why the April 15 discount period remains in effect

April 15 — the deadline for the discount on the real estate taxes — is approaching while the coronavirus pandemic rages on. Some property owners
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Emergency Mass. Senate Bill Would Relax Face-to-Face Counseling, Restore Reverse Mortgage …

includes language to assist people applying for a reverse mortgage, enabling them to receive counseling via real-time video conference rather than in
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Guide for Those Who Lost Their Job to Coronavirus

And, as of March 18, lenders covered by Fannie Mae and Freddie Mac can no longer enforce foreclosures or evictions for a 60-day period. When it
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Bank Guide to CARES Act SBA Lending Program

Lenders will determine eligibility for Paycheck Protection Loans based on whether a borrower's business was operational on Feb. 15, 2020, and had
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Our Chief Economist's View on the Pandemic, Mortgage Rates, and What's Ahead

Our Chief Economist's View on the Pandemic, Mortgage Rates, and What's Ahead

Realtor.com Chief Economist Danielle Hale offers her perspective on what the coronavirus pandemic will mean for mortgage rates and the housing
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Here's a look at a post-iBuyer housing market

Here's a look at a post-iBuyer housing market. Arizona was once a hotbed for iBuyers –– Here's what it's like while they're on “pause”. April 1, 2020
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RPM International (RPM) Reports Next Week: Wall Street Expects Earnings Growth

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate
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Rents, mortgage payments due amid Coronavirus-related hardship

Rents and mortgage payments were due April 1 for residents across San Diego County amid Coronavirus related financial hardships
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Houston energy services co. names permanent CEO, president

Now, Dodson will add the president title and remain interim CFO until the company complete its search to fill the latter position. “While the current
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Treasury/SBA issue information on $349B available for business lending

All existing SBA-certified lenders will be given delegated authority to speedily process PPP loans. All federally insured depository institutions are
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Coronavirus: Golden Gate Fortune Cookie Factory donates 50000 cookies to sheriffs, hospitals

“Not even one customer.” A few weeks ago, the fortune cookie factory was ramping up production, anticipating a rush of tourists during spring break and
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KKR Suspends $2 Billion Sale of Singapore's Goodpack

KKR started working with financial advisers on identifying potential buyers for the business last year, Bloomberg News reported previously. Goodpack
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SF's Fortune Cookie Factory donates 50000 cookies to sheriffs, hospitals

When the coronavirus hit, Kevin Chan's business evaporated overnight. But he wasn't going to let 50,000 fresh fortune cookies go to waste. Start the
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The 10 US cities least at risk of a housing downturn in a coronavirus-led recession

Because the housing market was in good shape heading into the pandemic, Redfin projected the coronavirus fallout would be mild and much less
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Is my bank open today?

Commercial banks operating in India will be closed in several states on … all regular operations will remain closed, but internet banking and mobile
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Treasury to suffer £5bn tax hit as coronavirus stalls housing market

The Treasury stands to lose almost £5 billion in stamp duty amid the coronavirus crisis with a fall in property sales and prices likely to halve its tax take,
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NMLS extends reporting deadlines in response to pandemic

Policies established by various federal housing agencies and augmented in the $2 trillion CARES Act could cost the mortgage industry $75 billion
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Mortgage applications surge along with refis

Mortgage application activity increased by 15.3%, and the refinance index increased 26% during the week ending March 27. Mortgage applications
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Real estate business changes during COVID-19 outbreak

Western Mass News caught up with a local real estate agency to see how they are adapting to these times. “We need to take precautions, social
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Titanium braces for coronavirus impact

The global passenger aviation industry could lose 44pc or $252bn of its … Some major negotiations on long-term titanium purchasing had already
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Baystate Business: Markets and Rosengren (Radio)

Bloomberg Baystate Business for Wednesday, April 1st, 2020. – State Senator Jamie Eldridge on his proposal to force insurance companies to cover
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Westpac Banking names Peter King CEO for next two years

Westpac Banking Corp. WBC, +1.21% late Wednesday appointed Peter King to be its chief executive and said that he has agreed to the appointment
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Real estate company offering free sanitizing service

Burgan Real Estate and ServPro are partnering to offer free home sanitation. Anyone who buys or sells a home through Burgan or refinances their home
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Mortgage Applications Rose 15.3% Last Week on Rate Drop

“Mortgage rates and applications continue to experience significant volatility from the economic and financial market uncertainty caused by the
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US Bank Philanthropy Raises $586M to Fight Pandemic

US Bank Philanthropy Raises $586M to Fight Pandemic

Banking Exchange collated data from company releases and the American Bankers Association and found that 34 US banks have donated $586.1
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DS5: How Law Firms Are Assisting With Loss Mitigation

The Federal Housing Finance Agency has authorized Fannie Mae and Freddie Mac to enter into additional dollar-roll transactions—provide mortgage-
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Former Eastern Consolidated Founders Get $30M from M&T on Upper Manhattan Resi Portfolio

… million in Freddie Mac-backed debt from M&T Realty Capital Corporation, a real estate lending subsidiary of M&T Bank, to finance a three-building
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Ohio is lending a helping hand to families receiving food assistance benefits

COLUMBUS, Ohio — The Ohio Department of Job and Family Services has received approval to extend the recertification eligibility period from March
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Answers To Your Financial Questions Connected To The Coronavirus

I have a loan in process where the only thing needed is for them to release documents to the title company. My loan has to close on April 15th.
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Sabre Thinks About Applying For Government Lending

Sabre is considering applying for federal relief, which would require it to agree to partial government ownership and constraints on payments to
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Lending a helping hand to those in need

While many volunteers took time out of their day to lend a helping hand, a local business made sure to give back to those giving back. “Donating
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Inslee urges firms to help homeowners unable to make mortgage payments

The state Department of Financial Institutions is urging companies that service mortgages to work with homeowners adversely impacted by COVID-19,
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New purchases slow, refinancing picks up in housing market for…

Two years after the stock market crash in 2008, Kelly Lawson entered the real estate industry at what she describes as “the wrong time” to become an
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'Drive-up' closings bring social distancing to homebuying experience

Title agent Jodi Turner collected identification and passed over the … but her company, at least for now, has ended “roundtable” closings with buyers,
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Finance of America Reverse to pay $2.47 million to settle claims of HECM violations

Finance of America Reverse will pay a fine of $2.47 million to settle … acquired in 2013, violated reverse mortgage lending rules prior to 2010.
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Xtensifi Adds Open Banking Consulting as a Service for Financial Institutions, Fintech Firms

Xtensifi enables banks and credit unions to be the primary hub for when and where consumers authorize their data. With intellectual property and core
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Don't Overlook This Good News for the Vietnam ETF

While Vietnam's equity market remains small and VNM reflects that status with high concentration to the financial services and real estate sectors, the
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State Department Of Banking & Securities Warns Of COVID-19-Related Investment Schemes

The Pennsylvania Department of Banking and Securities (DoBS) is warning investors of an anticipated surge in fraudulent investment schemes.
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Debelle: regulation could be 'helpful' to FX code

The Central Banking FinTech & RegTech Global Supervisory Summit represents a unique platform where the global community of the senior…official
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DAILY READS: April 1, 2020

NAIOP: Coronavirus Will Accelerate These Commercial Real Estate Trends. “'CRE was faced with technological disruption before this crisis,' (New
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Canada: COVID-19: Banking, Lending And Credit

Canada: COVID-19: Banking, Lending And Credit … lenders are currently seeking various ways to do what is possible to support their existing clients.
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Left with tons of premium food amid coronavirus shutdown, restaurant suppliers turn to consumers …

Subscribe to Fortune's Outbreak newsletter for a daily roundup of stories on the coronavirus and its impact on global business. Sought after by chefs
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Scam Artists Promised Mortgage Relief, Delivered Heartbreak To Hawaii Homeowners

Within months of paying Williams, who they thought had taken over their mortgage from their original lender, the couple received a foreclosure notice.
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Brosnan C. Hoban Shares His Thoughts on Navigating the Real Estate Market Post COVID-19

This is the plan of real estate developer Brosnan C. Hoban. “It is important that we are prepared to navigate this new landscape, and then be prepared
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Landlords working with residential, retail tenants struggling to pay April rent

Landlords working with residential, retail tenants struggling to pay April rent

… Fannie Mae or Freddie Mac loan if they suspend evictions for those who can't make rent payments due to the impacts of the coronavirus pandemic.
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Homeowner & Renter Protections – How the CARES Act Can Help You

This includes mortgages purchased by Fannie Mae & Freddie Mac, insured by Dept. of Housing & Urban Development (HUD), the Dept. of Veterans
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Iceland-based Banking Challenger indó Prepared to Move Out of Stealth Mode, After Securing €1 …

After being awarded a banking permit, the bank will begin offering current accounts with a competitive interest rate. Indó has been financed by Icelandic
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Mansion Global Daily: America's Recession Vulnerable Markets, Coronavirus Blunts Spain's Brexit …

Covid-19 Will Cause Canada's Housing Market to 'Slow to a Crawl': RBC The Royal Bank of Canada has offered a less-than-cheery prediction for the
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Financial tsunami threatens housing sector

The mortgage industry, along with the Fed, Treasury and other agencies, are left to fashion an arrangement that helps consumers but does not destroy
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FAR Settles with DOJ Over Alleged 2010 FCA Violations by Urban Financial

… Equity Conversion Mortgage (HECM) loans insured by the Federal Housing … “FHA and the taxpayers rely on lenders to originate HECM loans with
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Regions Bank Closes on Ascentium Capital acquisition

Ascentium Capital provides financing of essential-use equipment for small business … Regions Bank is an Equal Housing Lender and Member FDIC.
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Coronavirus Could Make Loan Forgiveness A Problem For Housing Market

While this seems like a good idea, in theory, history could suggest otherwise, and it could have a prolonged effect on housing market ETFs like the
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Coronavirus In Pennsylvania: Pandemic Has People Struggling To Pay Bills; Here's How To Get Help

Freddie Mac, and Fanny Mae – which hold a large number of mortgages and loans – are also willing to help. Contact your mortgage holder to see
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Coronavirus Has Pushed the GTA into a Balanced Housing Market: Report

By using data from the Toronto Regional Real Estate Board (TRREB), Zoocasa was able to find exactly how real estate market activity has changed
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2020 new construction features: Walk-in closets, energy-efficient lights & more

October 4, 2017 – 3 min read Best uses for your mortgage cashout refinance [VIDEO] June 7, 2019 – 4 min read FHA Loan With 3.5% Down vs
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This Startup's Computer Chips Are Powered by Human Neurons

The mouse neurons are extracted from embryos, according to Fortune, but the human ones are created by turning skin cells back into stem cells and
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Home buying market in Connecticut was poised for strong spring sales, but COVID-19 pandemic …

This year's spring housing market in Connecticut got off to a decent start in February with an uptick in both home sales and prices, a new report
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Where The Jobs Are

An underwriter with a title insurance company. A warehouse worker for Amazon. Cashiers for Harris Teeter, Aldi and Fresh Market. A receptionist for a
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MainStay MacKay DefinedTerm Municipal Opportunities Fund Declares Monthly Dividend …

**Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/1/19. For methodology,
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McCarter & English, Marcus Rosenberg Steer $30M NYC Loan

Mortgage recording tax on the latest $10 million of new financing for the property is $280,000, while the remainder of the $30 million loan is not subject
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Bank of America Lets 50000 Mortgage Borrowers Skip Payments

Bank of America said it has agreed to allow 50,000 mortgage customers to defer payments for three months because they've lost income as a result of
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Mr. Finance To Education

Title: Investment Management … Company: Boutique Firm … Professionally, one big win is that I helped structure a ~$7M deal for my company.
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What Is the Most Anybody Has Ever Won on 'Wheel of Fortune'?

Some fans unironically love Wheel of Fortune, playing along at home and cheering on contestants when they win big money — or perhaps they wish
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Why the fight for affordable housing is so hard to win

But the Bay Area's housing crisis is about more than exorbitant prices, and its multifaceted nature is reflected in the variety of stories Dougherty tells.
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Triangle Real Estate market still hot despite outbreak

Triangle Real Estate market still hot despite outbreak

Real estate agent Tricia Manneh is a veteran of the Triangle market and she is a little surprised by what she's seen over the last two weeks. “It's
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Monzo, Starling furlough employees, lean on UK job retention plan

U.K. challenger banks Monzo and Starling are furloughing some employees as the two banks cope with the economic impact of the coronavirus
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Deluge Of SMB Applications Prompt Lenders To Drop Out Of UK Stimulus Program

Already buried in emergency loan applications from small and medium-sized businesses (SMBs), five U.K. lenders have dropped out of the
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The Case for a Rent Moratorium

On March 23, Fannie Mae and Freddie Mac offered mortgage forbearance for multifamily buildings on the condition that they not evict their tenants.
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Longer-term funding to support business lending

The Reserve Bank is introducing a Term Lending Facility (TLF), a new longer-term funding scheme for the banking system, in support of the
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Italian Bank Adds Bitcoin Support as the Nation Emerges into a Brave New World

Just before the COVID-19 pandemic assailed the Mediterranean country, Italy's Hype bank, a mobile-first challenger bank, sealed a deal with bitcoin
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How Long Does it Take to Get Preapproved for a Mortgage?

Since each lender takes its own approach to preapproval, the exact documents you need vary
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China's Big 4 banks boost lending for stricken small businesses

HONG KONG — China's four largest state-run banks have ramped up lending to small and midsize enterprises whose earnings have deteriorated due
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AMC Entertainment Lenders Hire Lawyers for Restructuring Talks

A group of lenders has hired law firm Gibson, Dunn & Crutcher LLP for advice on expected restructuring negotiations, the people said. More From WSJ
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Fortune Brands Home & Security Inc. [FBHS] Stock trading around $43.25 per share: What's Next?

Fortune Brands Home & Security Inc. [NYSE: FBHS] traded at a low on 03/31/20, posting a -2.83 loss after which it closed the day' session at $43.25.
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If You've Got $3000, Buy These 3 Top Stocks Right Now

The company's international presence is more established than that of its rivals, and while the expansion is still in its early stages, the company is seeing
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Global Real Estate Property Management Software Market 2020 Valuable Growth Prospects and …

Real Estate Property Management Software Market 2019 Worldwide Industry Share, Size, Gross Margin, Trend, Future Demand, Analysis till 2025.
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UK real estate fund freeze hits $25 billion as virus rocks values

The lockdown of U.K. real estate funds has now put about £20 billion ($25 billion) out of investors' reach as the coronavirus pandemic batters the
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Coronavirus potentially causing a delay in Watertown's spring market

However, David Hurley, sales agent for Berkshire Hathaway Home … impact has slowed the process of securing mortgage financing for some lenders.
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Your Family's Real Estate Is Too Important To Trust To Any Trustee

By Anna Davies. Whether you have a summer beach house or a portfolio of commercial real estate, choosing the right trustee is key to ensuring real
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Trump and Putin discuss oil, Japan limits international mail

The Caixin purchasing managers index for March was 50.1, just above the 50 level that indicates expansion rather than contraction. That was an
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Many Americans struggle to pay rent, mortgage in coronavirus outbreak

Real estate during the coronavirus pandemic · Beverly Hills officers find nearly 200 rolls of toilet paper inside stolen SUV. video
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Mortgage Applications Increase in Latest MBA Weekly Survey

The Market Composite Index, a measure of mortgage loan application volume, increased 15.3 percent on a seasonally adjusted basis from one week
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Coronavirus Florida: Lenders work to avoid another foreclosure crisis in Sarasota-Manatee

The Department of Housing and Urban Development, Fannie Mae and Freddie Mac have suspended foreclosures and evictions for at least 60 days.
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HF cuts lending by Sh4.8bn, shifts from real estate model

Chief executive Robert Kibaara said the lender started shifting from the traditional business of lending to construction projects to issuing end-user
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How does mortgage refinancing work?

How does mortgage refinancing work?

When you refinance, you take out a new mortgage loan to pay off your old mortgage loan. The new loan will have a different interest rate, terms and
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Is the Post Office Open? Are Banks Open? The Essential Businesses Open During Stay at Home …

However, many banking services are available online or via an app, so you may not have to leave your home to access your bank. While banks will be
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Truist completes $455.5M purchase of Charlotte HQ; bank delays new branding unveilings

The building was constructed initially for Bank of America Corp., also based in Charlotte, to serve its bank's investment banking and capital markets units
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Did the Fed Prepare Banks for the Coronavirus Stress Test?

Bankers and regulators may soon find out if their “stress tests” were sufficiently stressful. Banking—borrowing deposits and other funds short-term to
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Neighbors helping neighbors in Hillsboro with food, cleaning supplies and personal care items

… Hillsboro city government, Hillsboro school district, the Chamber of Commerce and the Hillsboro Title Company to gather donated items like food,
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Aspen Bridging introduces desktop valuations

The lender will carry out all meetings by Facetime video and continue the practice of one person per case. Aspen Bridging director Jack Coombs says:
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Many New York Coronavirus Patients Are Young, Surprising Doctors

A confidential U.S. intelligence report has raised doubts about China's reporting of the outbreak, including under-counting cases, Bloomberg News
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Affected by coronavirus? Here's what to do if you're worried about paying rent or mortgage

Here's what to do if you're worried about paying rent or mortgage. This video file cannot be played.(Error Code: 102630). Federal government ordered
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US Bank Stocks Should Be Shorted

The U.S. banking system is going to subsidize the cost of the economic lockdown ordered by policymakers to mitigate COVID-19. So, in that scenario,
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3 Top Real Estate Investors Share Their Best Investing Secrets

Luckily, these three investors were willing to share their strategies with us so you can start building your fortune in real estate. Sarah Larbi. Sarah Larbi,
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Compass rolls out virtual real estate tools as coronavirus restricts home shopping

And it's in that spirit that Compass, the nation's fastest-growing real estate brokerage, is rolling out a series of tools for its agents that will allow for virtual
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When will life return to normal?

Roche Realty Group was the first Real Estate firm in the Lakes Region to invest in in-house Matterport technology with a 3D showcase and offer it free of
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RBC Capital Thinks Wesco International's Stock is Going to Recover

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Wesco International with a $54.83 average price target, a 146.1%
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Knighthead Funding provides $30M hotel, retail mortgage

Knighthead's non-recourse, floating rate loan has a term of 27 months. It is Knighthead's first financing in South Carolina. The new mixed-use property
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Cloudstar hires ResWare administrator

… senior ResWare administrator and SQL reporting expert, the company announced. Cloudstar said Keating will be work with its title production team
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KBW sees this resi mREIT as best able to hold onto value

… mortgage REITs face in how patient their financing counterparties will be. … and the only real assets of a mortgage REIT are its loans and securities.
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EU Banks Key Beneficiaries of Basel III Coronavirus Delay

… such as Fannie Mae and Freddie Mac. As a result, US banks have higher average risk-weights than their European counterparts, arising in part from
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Edinburgh Festivals Canceled as Coronavirus Effects Stretch Into Summer

LONDON — The Edinburgh International Festival, a showcase for the best of … The International Festival was first held in 1947, with the aim of uniting … for essential trips, such as for buying food or for one session of exercise a day.
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WFG announces southwest regional manager

WFG National Title Insurance Co. has named Suzanne Tinsley as its southwest regional manager. In her new role, Tinsley will be responsible for daily
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Combank to stop coronavirus-impacted customers from paying compound interest on loans

Mr Comyn told Sky News the bank, which is Australia's largest mortgage holder, is willing to make concessions so customers are not paying “interest
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Coronavirus scammers are getting taken down by grassroots 'hackers without borders'

Coronavirus scammers are getting taken down by grassroots 'hackers without borders'

Fortune's David Z. Morris vents both sides' frustrations. While bug bounties have become an increasingly popular part of companies' cybersecurity
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The Coronavirus Economy: How my job as a winemaker has changed so far

Subscribe to Fortune's Outbreak newsletter for a daily roundup of stories on the coronavirus and its impact on global business. Brad Greatrix, the
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Long Island housing market's future uncertain amid COVID-19 pandemic

The coronavirus pandemic has “upended” the housing market on Long Island, but it's still too early to tell what the long-term effects will be, Long Island
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Tenants rights groups call for rent and mortgage payments to be canceled

They would also like a temporary moratorium on mortgages as long as they are forced to stay at home and possibly be out of work. Tenants groups from
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Austin housing market poised to recover after COVID-19 setbacks

Residential real estate professionals in Austin say they expect the city's housing market to remain resilient, despite any drop-offs due to the
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Posthaste: Coronavirus unlikely to spare Canada's rock-solid housing market with 30% drop in …

Even Canada's Teflon-like housing market will not be spared by the coronavirus crisis this year – but only temporarily, according to Royal Bank of
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US Mortgage Rates Back to Record Lows, Refinancings Surge as Fed Supports Markets With …

… (the National Mortgage Association), Freddie Mac (the Federal Home Loan Mortgage Corporation and Fannie Mae (the Federal National Mortgage
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Ginnie Mae Kick-Starts Pass-Through Assistance Program to Aid Mortgage Servicers

… Federal Housing Finance Agency, regulator of Fannie Mae and Freddie Mac, have instituted mortgage assistance programs for borrowers impacted
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S.Korea's mobile banking services usage posts double-digit growth in 2019

The daily average number of mobile banking services usage reached 96.86 million in 2019, up 29.3 percent from a year earlier, according to the Bank of
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Veteran Fortune 100 Executive Akshay Vachhani Begins New Journey as Chief Technology Officer …

Soon-to-be-announced members include a product development expert with a strong Fortune 500 IoT background. This strengthens the foundation
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The Future of Finances – A Digital Banker

As a banker, there is a growing demand for banks and financial institutions to implement this digital method of banking. Consumers want their money
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Coronavirus: Omdia predicts 'shocking reversal of fortune' for TV market

As the crisis caused by the Covid-19 outbreak spreads globally, analyst Omdia is predicting a sharp downturn in TV shipments for 2020 spurred by
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New Residential Investment Corp. Announces Agreements to Sell Certain Non-Agency Securities

New Residential is a leading provider of capital and services to the mortgage and financial services industries with a proven track record of returns
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Mortgage applications to buy a home plummet 24% annually as coronavirus slams spring housing

After rising for two weeks, mortgage rates plunged to the lowest level in the Mortgage Bankers Association's survey. Refinance applications spiked
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China Concealed Extent of Virus Outbreak, US Intelligence Says

“The medical community made — interpreted the Chinese data as: This was serious, but smaller than anyone expected,” she said at a news conference
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Russian cenbank drops mortgage plan to limit coronavirus hit on banks – sources

By Tatiana Voronova and Darya Korsunskaya. MOSCOW, April 1 (Reuters) – Russia's central bank has dropped an idea to tighten mortgage
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Her country's approach to the coronavirus appears to be working

Even with Frederiksen's cautious optimism, her country's progress on the matter represents a bright spot. Claire Zillman claire.zillman@fortune.com @
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Can the spring housing market be saved?

Look for the peak of the housing market's annual cycle to be delayed, not canceled, according to Lawrence Yun, chief economist of the National
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These mortgage borrowers will be 'the first canary in the coal mine' for a coronavirus-fueled …

He argued that borrowers with loans backed by Fannie Mae and Freddie Mac are likely to be on stronger financial footing than people with loans
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Your money is safe, sound and available with Montana community banks

Given these questions, Montana's community banks and bankers want to reassure Montanans that Montana's banks and banking system are
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