Big Data: The New Age of 'Fortune Telling' Requires Human Collaboration More Than Ever

Big Data: The New Age of 'Fortune Telling' Requires Human Collaboration More Than Ever

Ancient Chinese fortune tellers used heated metal pokers to create cracks in … out advice that affected the fate and fortunes of states and their people.
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How to Prepare for an Open House

Still, about half (52%) of real estate agents use open houses to market homes, and 51% of buyers attend at least one open house at some point during
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Caliber Home Loans settlement will provide $17 million in loan forgiveness to New Yorkers

This includes Fannie Mae, Freddie Mac, and the U.S. Department of Housing and Urban Development. Instead of providing modifications, a statement
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Opportunists Eye Prime Real Estate As Retailers Face An Uncertain Second Half Of The Year

The stores facing permanent closure present other retailers a rare opportunity to secure well-located real estate that seldom comes on the market.
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CFPB Looks at Changing Qualified Mortgage Rule, Lifting DTI Limits

… GSE Patch set to expire on January 10, 2021 (unless by some miracle the conservatorship of Fannie Mae and Freddie Mac (the GSEs) ends earlier),
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Botetourt County's new budget includes 'unprecedented' real estate tax relief for residents

Leaders said the real estate tax relief to taxpayers is an “innovative approach” that is “seemingly unique” statewide. Botetourt County plans to
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Apartment owner Morgan Properties secures $661 million in financing for area apartments

The financing provided by Freddie Mac is comprised of 22 individual 10-year fixed-rate loans sized to a max of an 80 percent loan-to-value ratio.
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Paul Fortune, LA Designer to the Stars, Dies at 69

Both professionally and personally, Mr. Fortune attracted to him a wide array of types, including the boldface clients (Sofia Coppola, Marc Jacobs, David
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Algebra teacher sets up real-life learning opportunity for students

… math assignment of working with adult clients on home re-financing. … from their client including their monthly mortgage payment and interest rate.
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Lending Consortium Refinances SL Green's News Building With $510M Loan

a New York-based subsidiary of German financier Aareal Bank — Citi and French lender Credit Agricole teamed up to provide the debt financing,
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Forward Footprint Key to Mutual of Omaha's Future Reverse Mortgage Growth

After acquiring top-10 reverse mortgage lender Retirement Funding Solutions (RFS) in 2018 and a change in ownership structure, Mutual of Omaha
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Home Buyers Face Competition in Tight Housing Market Following COVID

Realtors have seen a spike in housing in the local area as New York re-opens despite COVID-19 concerns slowing down some markets across the
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ASB eases lending criteria

ASB has decided to ease its criteria for owner-occupier and investor lending, offering investors up to 80% loan-to-value ratio (LVR). ASB now allows
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Realtors: House market booming despite pandemic

It's a good time to be selling a house! Right now, the housing market is booming. For buyers, this time may be difficult because they could be asked to
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CMHC expects uneven and uncertain recovery in country's housing market

OTTAWA — Canada's housing market is headed into a period of “severe declines” in sales and construction, but the full effect of COVID-19 on real
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Baton Rouge bars banking on regulars to keep them afloat at 25% capacity

Baton Rouge bars banking on regulars to keep them afloat at 25% capacity. By Business Report Staff. June 23, 2020. Share It! Nearly three weeks
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Why Brinker International Stock Jumped More Than 12% Today

David and Tom just revealed what they believe are the ten best stocks for investors to buy right now… and Brinker International wasn't one of them! That's
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Commercial RE Risks Pressure Smaller, More Concentrated US Banks

Fitch views exposure to hospitality, retail and construction lending as most affected by the coronavirus. However, the path and speed of the economic
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John Chambers: 50% of Fortune 500 Won't Exist in 10 Years

“First, 40% to 50% of the Fortune 500 will not exist in a decade,” he said, joining HPE CEO Antonio Neri in a pre-recorded video for the Discover
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Tributes paid to ex-Scottish boxing champion Stefan Sanderson after his death at age of 31

… of the boxer and his team celebrating his title win in 2018 on Instagram. … Sanderson's management company MTK Global also paid tribute, saying:
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Rocket Mortgage Classic plans to exceed 2019 charitable donations, end Detroit's digital divide by …

Rocket Mortgage Classic plans to exceed 2019 charitable donations, end Detroit's digital divide by …

The tournament is on pace to nearly match or possibly even exceed last year's donation of more than $1.1 million, officials said recently. The Rocket
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Tucson Real Estate: TuSimple building sold to investors

… with 520 Realty, represented the buyer. Allan Mendelsberg and Conrad Martinez, with Picor, represented the seller. Gould Family Properties VIII
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Five forecasts on the housing after the pandemic

The reactivation of the market has become to put in place the plans related to housing that many had left parked. Several experts have released their
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Businesses want to get back to work – on their terms

Due to the crisis, the real estate world has been turned upside down and the … Accordingly, there is much discussion about pegging rents to a market
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Wall Street said it isn't laying off workers, but that doesn't mean banking jobs are safe forever …

Wall Street said it isn't laying off workers, but that doesn't mean banking jobs are safe forever. Here's who's most at risk. Alex Morrell, Rebecca
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Baystate Business: Politics and Vaccines (Radio)

Bloomberg News national political reporter Gregory Korte on the latest concerning the race for President (3:13). – Bloomberg News medical science
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Wellness real estate is worth $52 billion, Wayfair is the new Amazon and more

In North America, Fast Company reports, the real estate trend is worth $52 billion and is growing 6.4 percent annually, with growth estimates up to
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Freddie Mac CEO: Rental Market 'Could Get Ugly' Without More Unemployment Support

Freddie Mac CEO David Brickman, speaking on a Bisnow webinar Tuesday, said the federal unemployment benefits have kept the housing market
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Revamped IcedID Banking Trojan Campaign Uses COVID-19 Lure

Revamped IcedID Banking Trojan Campaign Uses COVID-19 Lure. Researchers Say Malware Steals Financial Data From Bank Customers Ishita
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Botetourt County offers real estate tax relief in 2021 budget

This comes after a recent real estate reassessment increased people's property value on average by nine percent and would have meant most
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"Privileged white men are treated very differently in banking"

When I graduated, I achieved the job I'd always wanted on a trading desk at a European bank, where I was directly exposed to the financial crisis and
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Overview of Housing Market Outlook, Summer 2020

These reports give high and low range projections on new construction, home sales, house prices and rental market activity. Housing forecast overview
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Working Paper: The Macroeconomic Effects of Shadow Banking Panics

We study the effects of shadow banking panics in a macroeconomic model with a rich financial system, including deposit-financed retail banks and
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Housing Tech Rundown: EXOS Tech, Guaranteed Rate and DataTrace

Housing Tech Rundown: EXOS Tech, Guaranteed Rate and DataTrace. Companies push for more digital options across the buying process. June 23
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Thai Billionaire Now Bets on Lending Growth at Home, Not Abroad

Follow Bloomberg on LINE messenger for all the business news and analysis you need. Billionaire Chuchat Petaumpai was mapping out ways to
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Home Prices Resilient Amid Pandemic

“The U.S. housing market, which was at the epicenter of the previous financial crisis that led to a global recession, is expected to remain a bright spot
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Top Pot Stocks for This Uncertain World

Its members are flying under the radar, bucking the trend. … The cannabis real estate investment trust (REIT) Innovative Industrial has long been my
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Banking industry renews opposition to Rakuten's ILC application

WASHINGTON — Three bank trade associations have renewed their opposition to the Japanese e-commerce conglomerate Rakuten's bid for an
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P2P Lending Market May See Big Move | CircleBack Lending, Lending Club, Peerform

Some of the key players profiled in the study are CircleBack Lending, Lending Club, Peerform, Prosper, Upstart, Funding Circle, PwC, SoFi, LendingTree
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Financial Regulators Issue Examiner Guidance for Assessing COVID-19 Effects

… soundness of banks and credit unions. The guidance directs examiners to assess institutions according to existing agency policies and procedures,
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State government banking on coal exports as world chases Paris targets

State government banking on coal exports as world chases Paris targets

The state government is banking on global coal demand defying the Paris climate goals of slashing carbon emissions, predicting instead only a
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Your Mortgage: Earnest money: what is it?

First, if a buyer financed 100 percent of the price with either a VA loan, USDA loan, or a down payment assistance program, the loan amount would be
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Mastercard buying fintech company Finicity for $825 million

… that..financial information can deliver streamlined loan and mortgage … In December 2016, the company raised $42 million in a Series B financing
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Here Are Today's Best Mortgage & Refinance Rates for June 23, 2020

A homeowner with a $250,000 mortgage balance paying 3.84% on a 30-year loan could cut their monthly payment from $1,170 to $1,071 by financing at
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Bafin says it did not supervise scandal-hit Wirecard

Central banks have sought out new asset classes in a bid to improve lacklustre returns on traditional FX reserves, raising concerns they may…have
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COVID-19 conditions create perfect storm for seller's market in Spring, Klein

Further enhancing the seller's market, Whitehead said those who are daring to peruse the real estate market during current conditions are serious
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PNC Bank ups Texas expansion

The Katy site is at 23501 Cinco Ranch Blvd. The Houston location is 3948 Westheimer Road. “We're excited to expand PNC Bank access to even more
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Ivanhoé, Greystar, Bouwinvest Form $1.1B Venture

In prepared remarks, he pointed to the COVID-19 crisis and stated it was accelerating trends toward an “alternative housing market” with more “premium
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COVID-19 Still Slowing NY Housing Market

Interest rates on a 30-year fixed-rate mortgage have been hovering near all-time lows for more than four weeks at 3.3 percent, according to Freddie Mac,
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US Outlook: Potential CMBS Litigation Arising From the 2020 Downturn

A key factor contributing to the 2007/2008 global financial crisis was the … A CMBS is a security backed by a pool of commercial mortgage loans,
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What Is A Line Of Credit?

To do so, lenders evaluate the borrower's credit score, loan repayment … as is the case with a mortgage or personal loan, borrowers get the ability to
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Attorney General James Secures Up to $17 Million in Home Loan Forgiveness for NY Homeowners

… from various federal government entities, including Fannie Mae, Freddie Mac, and the U.S. Department of Housing and Urban Development.
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5 regional markets are 'leading the recovery' for housing — and they're all established tech hubs

While the national housing picture is “nuanced,” certain markets have recovered, getting scores over 100 on Realtor.com's Housing Market Recovery
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Under Massachusetts Obsolete Mortgage Statute, Mortgage Payable “On Demand” is Enforceable …

The obsolete mortgage statute is designed to help remove old mortgages from land titles. It sets a term of 35 years from the mortgage recording date if
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Main Street Lending Program doesn't live up to its name, community banker says

Main Street Lending Program doesn't live up to its name, community banker says. Businesses with up to 15,000 employees or $5 billion in revenue are
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Greater Miami Home Prices Continue to Rise in May as Sales Dip from COVID-19

Nationally, mortgage applications to purchase a home rose 4% last week … demand from foreign buyers and tax refugees from tax burdened states,
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BeSmartee® and Mortgage Builder® Announce a Live Partner Integration Built with High Lender …

The integration between the two best-in-breed mortgage point-of-sale (POS) and loan origination system (LOS) technologies will support lenders with an
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US New Home Sales Rebound; Business Activity Slump Easing

U.S. Treasury prices were lower. UNEMPLOYMENT HURDLE. The market for new homes is being supported by historic low interest rates and a
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Rochester mortgage loan officer hosts webinar about home buying in this market

Rochester resident JoJo Dries, mortgage loan officer at C & M Lending, is addressing the apprehensions people may have about buying a new home.
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Industry Profile and Operating Environment: US Mortgage Insurance

Industry Profile and Operating Environment: U.S. Mortgage Insurance. Tue 23 Jun, 2020 – 11:13 AM ET. U.S. regulatory oversight
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Creating Equality in Housing

Creating Equality in Housing

Reinforce the Federal Housing Administration's loan program: First- time buyers and minority households haven depended in these loans for financing
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Real Estate Terms: The Homebuyer's Glossary

Buying a home is a huge commitment and one of the biggest financial … This is used to satisfy mortgage requirements, giving mortgage financing
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Lockdown Returns to German Town After Outbreak at Slaughterhouse

“We must continue to be vigilant, the virus is still in our country,” Lothar Wieler, head of the RKI, told a news conference on Tuesday. “If we give it the
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Digital Align Enables Gesa Credit Union to Hit Mortgage Stride with Digital Process Alignment

When the Fed dropped rates 150 basis points in response to the coronavirus, the credit union's mortgage applications went through the roof. Continue
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AEI Housing Center

AEI housing market nowcast — week of June 13–June 19, 2020. EconomicsHousing CenterHousing Finance · Tobias Peter · Edward
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Brazilian Brokerage XP Shares Surge, Landing Its Chairman A $3 Billion Fortune

Fresh from being fired by a securities brokerage at age 24, Guilherme Benchimol decided to strike out on his own in 2001 and establish his own firm
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Rent to Own Canada Enables People to Get Rent to Buy Homes

… arise from failure to acquire mortgage financing when purchasing houses. … allows one to save so that he/she can take over the home as an owner.
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Housing spark and clothes shopping is back, at least online

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to
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Recent Commercial Real Estate Transactions

Buyer: VM Realty 6. Seller: Phyllis Giordano. Brokers: Peter Von Der Ahe, Shaun Riney, Mark Zarrella & Adis Muminovic of the NYM Group of Marcus
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Trending News: COVID-19 Imapct on Lending And Payments Market Report Analysis by Various …

Chicago, United States:- The Lending And Payments market report 5 Years Forecast [2020-2025] focuses on the COVID19 Outbreak Impact analysis
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Ryan Smith Home Selling Team Named One of America's Top 1000 Real Estate Teams by Real …

… Realty, was named one of America's top real estate professional teams by REAL Trends & Tom Ferry, as advertised in The Wall Street Journal.
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Insurers join World Bank to help small businesses in poorer nations

“At this moment, lending to small and medium-sized enterprises in emerging and developing countries will be critical to their ability to stay in business
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Artificial Intelligence & Correspondent Banking: De-Risking Doesn't Need to Mean Goodbye

On the other hand, correspondent banking relationships are inherently risky for the global banks that grant access to the respondent bank's customers
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Brookfield, Teachers on team buying $10 billion stake in Abu Dhabi pipelines

“Given the global economic climate, it is a great endorsement of Adnoc and the UAE's world-class assets,” Adnoc Chief Executive Officer Sultan Al Jaber
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Exploring the commercial real estate market in a post-pandemic world

The coronavirus pandemic created unprecedented challenges for the global real estate market. As restrictions are loosened and economies start the
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The top tech stock during the pandemic isn't the one you think it is

This is the web version of Data Sheet, Fortune's daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. Some of
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Mastercard to purchase open-banking company Finicity for $825 million

“It's through the use of next generation open banking APIs [application programming interfaces] and clear consumer approvals that this financial
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Gambling place Bonus savings Pertaining to Beginners

The amount of money mortgage agencies has been extorting cash out of … All the date of reference of standard video poker machines provides long
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Thailand Sees Decline in All Fatalities During Coronavirus Pandemic

Follow Bloomberg on LINE messenger for all the business news and analysis you need. Thailand is seeing fewer fatalities than usual during the
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US new home sales rebound strongly in May

WASHINGTON, June 23 (Reuters) – Sales of new U.S. single-family homes increased more than expected in May, suggesting the housing market was
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Man Killed In Montana Wanted In Colorado Springs Murder

Man Killed In Montana Wanted In Colorado Springs Murder

Fortune was killed after being shot multiple times when he exchanged gunfire with six federal agents last Thursday in Billings. Members of a U.S.
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Emsteel to continue buying local scrap for production

Emirates Steel is committed along with other steel producers to purchase all local scrap according to international prices, a company statement said.
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Invesco Mortgage Capital Inc (IVR) Q1 2020 Earnings Call Transcript

We, ultimately, believe that non-mark-to-market term financing via the Term Asset-Backed Securities Loan Facility, which is a New York Fed program
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Guild Mortgage Awards Nine Students With Academic Scholarships

In addition to supporting dozens of local and national charities through direct donations and company-backed volunteer time, the Guild Giving
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Rocket Mortgage Classic ready for second year

The goal, said Langwell, who is the Executive Director of The Rocket Mortgage Classic, “is to make that the most charitable area on the PGA TOUR.”.
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Electronic banking fraud in Nigeria: how it's done, and what can be done to stop it

Although the cashless banking system was designed to foster transparency, curb corruption and drive financial inclusion, it's threatened by the growing
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New-home sales surge in May with buyers returning to market

“Low rates have tilted the equation toward some buyers actually being able to afford a new home.” Bloomberg News.
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Fed's 3 pandemic recovery scenarios could determine bank dividends

Dive Brief: Alongside its annual stress test, the Federal Reserve will measure banks' resilience to a V-shaped, U-shaped and W-shaped
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JMAC restarts jumbo lending after 'pandemic pause'

“There is a high demand for jumbo loans right now as buyers return to the housing market, especially in high-value areas,” JMAC Lending's President
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Mortgage delays put UK property transactions at risk

Butterfield Mortgages Limited has surveyed 1,305 current homebuyers and homeowners, to find out how they have been affected by COVID-19.
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Getting energized about efficiency

Mortgages may be the answer: Freddie Mac and Fannie Mae — the federal agencies that buy and guarantee mortgages, package them and sell them
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April New Home Sales Surge, Rising Over 16%

After its pandemic-related plunge in April, the rapid recovery of the Housing Market Index, a measure of builder confidence, seems justified by today's
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Cirque du Soleil Gets Quebec Help in Mopping Up Debt Load

… based in Quebec and that it emerges with a much lighter debt burden, Economy Minister Pierre Fitzgibbon told Bloomberg News in an interview.
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Canada's major housing markets' speed of recovery to vary

Resale activity and average house prices will fall across all markets but the rate and magnitude of declines of both will vary. Average prices in Toronto,
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WWE's Sonya Deville will 'be as big if not bigger than Charlotte' if given same title shots after …

An opening for the company's next top heel has now opened up after Charlotte was put out of action for months after suffering a shoulder injury on
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India confirms move to abolish offset banking

In a notice published by the MoD's Defence Offsets Management Wing (DOMW) on 23 June, the DDP indicated that the existing offset-banking clause
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Sales of new houses spike in May on low rates

“The low-interest-rate environment is causing housing to improve faster than other parts of the economy, which tells us the housing sector is likely to
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How coronavirus has changed the lending markets

The New York City lending market has begun to find its sea legs. After a 90-day immersion course in crisis underwriting, the banks of the New York
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Stock market live updates: Stocks rise, Nasdaq new record, Navarro gives overnight scare

April's sales were revised down to 580,000 units from the previously reported 623,000 units. The latest data suggested the housing market is in the
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US new home sales rise surprisingly strong 16.6% in May

“The slow recovery in the labor market will limit the upside of any rebound in the housing market,” she said. The median price of a new home rose
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Automotive Differential Housing Market Size, Status and Global Outlook 2020 to 2026

Automotive Differential Housing Market Size, Status and Global Outlook 2020 to 2026

The Automotive Differential Housing Market report is a valuable source of insightful data for business strategists. It provides the industry overview with
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FBI Alert Warns of Fraudsters Targeting Mobile Banking Apps to Defraud Americans

The malicious actors then use this information to log in to the user's bank account and initiate a fraudulent transaction online. Fake mobile banking apps
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World shares slip as global virus tally approaches 9 million

Investors appear cautious with prices already relatively high and “out of whack” with earnings expectations, Mizuho Bank said in a commentary.
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Paradigm adds Zephyr Homeloans to panel

John Coffield, head of mortgages at Paradigm Mortgage Services, commented: “At a time when it's so vitally important that we support as broad a range
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Digitization in Lending Market 2027| FirstCash • Speedy Cash • LendUp • Opportunity Financial …

The Global Digitization in Lending Market report deep dives into the several parts of the report that plays a crucial role in getting the holistic view of the
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Real Estate Portfolio Management Software Market 2020: Potential growth, attractive valuation …

The market leading the data, demand, application details, price trends of Real Estate Portfolio Management Software by geography The Real Estate
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Banking beyond borders: How big can your savings get with an overseas bank account?

It's easy to see why investors would want to invest internationally, with some of the key perks being offshore banking offers privacy, confidentiality, and
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Mortgage forbearance, $100M in COVID-19 rent assistance available in NY. What you need to know

New Yorkers suffering financial hardship due to the COVID-19 pandemic can access new government rental assistance and delay mortgage
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Global Online Lending Market Projected to Reach USD XX.XX billion by 2025- Zopa, Daric, Pave …

This recent research compilation on the Online Lending market presents a deep analytical review and a concise presentation of ongoing market
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Landbay enters conveyancing partnership with Lender Exchange

Lender Exchange also works together with lenders and law firms to help minimise fraud risks. Landbay will be adding an additional level of due
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Morgan Stanley Snaps Up Asia Health Care Deals

… for health-care equity offerings in Asia this year, including follow-on share sales and initial public offerings, according to Bloomberg League Tables.
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Real Estate Brokerage Software Market Latest Advancements and Business Opportunities 2020 to …

The Global Real Estate Brokerage Software Market Research Report 2020-2026 is a valuable source of insightful data for business strategists. It
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Lending Market Growth Analysis, Opportunities and Business Outlook 2020-2026

“The global lending market is expected to grow at a compound annual growth rate (CAGR) of 6.2% during the forecast period.” (Exclusive Offer: Flat 20%
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Banking sector mutual funds are offering 21% in one month. Should you invest?

Will a better-than-anticipated economic impact and growth keep the bank stocks higher in the coming months? Though the banking system is awash with
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Model misbehaviour: coronavirus confounds bank risk systems

Lenders are scrambling for new insights as systems that rely on historical default data to model risk struggle to capture how the pandemic has
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Housing market bounces back from virus lockdown

ESTATE agents in the Henley area are cautiously optimistic that the property market will recover in the wake of the coronavirus pandemic. They have
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Prefabricated Housing Market 2020 Latest Trends, Business Opportunity and Outlook – Skyline …

The Global Prefabricated Housing Market Research Report 2020-2026 is a valuable source of insightful data for business strategists. It provides the
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Reversal of Fortune for Box Carriers as Charter Rates Tumble

By Mike Wackett (The Loadstar) – Ocean carrier optimism is being driven by higher freight rates and cheaper fuel – but tumbling charter hire costs are
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Fairfield County real estate transactions

Fairfield County real estate transactions. Published … Seller/buyer: Gannon Robert J Est and Marianne Gannon to Jennifer Schumann and Jake Ryan.
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Bringing Culture to the Forefront at Costello Real Estate and Investments

Unlike traditional real estate firms, Costello REI uses organic marketing initiatives to achieve success and believe that their winning formula is the
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ClearTax to enter lending space, will tie-up with NBFCs to service SME loans

ClearTax to enter lending space, will tie-up with NBFCs to service SME loans

We will be partnering with lenders for now as we don't have our NBFC licence,” Archit Gupta, founder and CEO at ClearTax, told the paper. Close. Gupta
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PhixNPhlip Closes First Equity Crowdfunding Project “Arcadia Lite”

PhixNPhlip, Arizona's premier equity real estate crowdfunding platform, … community and become an integral part of the growing real estate market.
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American Air to Raise $1.94 Billion in Share, Convertible Sales

… stock sale, at $13.50 a share, will generate about $1 billion, American said in a statement Tuesday, confirming details reported by Bloomberg News.
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Canadian banking regulator keeps capital buffer for big banks at 1%

TORONTO (Reuters) – Canada's banking regulator kept the amount of capital the country's six biggest lenders must hold at a record-low 1% of
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Digital mortgage advances will remain after coronavirus, but path bumpy

… Compliance & Regulation · Secondary · People · Voices. Login. Subscribe. © 2020 Arizent. All rights reserved. Menu. National Mortgage News Logo.
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Emphasizing Education in Real Estate: Dirt Work

Cahoon highlighted that an often-overlooked aspect of the COVID real estate value correction is decreased property tax revenue for cities in the
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China's banking system begins to crack at its grass roots as two bank runs take place within a week

… and Shanxi provinces were forced to intervene after rumours concerning Baoding Bank and Yangquan Commercial Bank; China is hoping to rely on
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Real Estate Brokerage Software Market | Covid-19 Impact | Cost Analysis, Strategy and Growth …

Real Estate Brokerage Software Market | Covid-19 Impact | Cost Analysis, Strategy and Growth Factor Report 2020| Key Players: iBroker, brokerWOLF,
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Long term mortgage arrears fall to nine year low in Q1 – Central Bank

The number of home mortgages in arrears for more than 90 days fell to 5.6% at the end of March from 5.7% three months earlier. This marked the
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The Benefits of Buying an Energy Efficient Home and How to Find One

The Benefits of Buying an Energy Efficient Home and How to Find One … 20% less energy than homes built to the 2009 International Energy Conservation … Buying a home that's built to conserve resources can help you avoid those
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Lending panels skewing toward 'enablers' to provide motor finance

DEALER lending panels are skewing towards “enablers” when it comes to motor finance providers as the used car sector emerges from lockdown.
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Auto defaults drop for sixth consecutive month

Those accounts include not only auto financing, but mortgages and credit … This database is populated with individual consumer loan and payment
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Why the C-Suite is now overseeing corporate AI projects

Appen CTO Wilson Pang told Fortune that the findings, based on responses from nearly 370 companies, highlight a “pretty significant change” for
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Industry Profile and Operating Environment: US Title Insurance

Industry Profile and Operating Environment: U.S. Title Insurance. Tue 23 Jun, 2020 – 11:07 AM ET. Regulatory oversight is
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NYSE's chief commercial officer on direct listings and reopening the trading floor

Fortune recently caught up with John Tuttle, vice chairman and chief commercial officer of the NYSE, for a wide-ranging conversation about some of
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US banks saw record $2 trillion rise in deposits since coronavirus outbreak

This story was delivered to Insider Intelligence Banking Briefing subscribers … These deposits are heavily concentrated among the top 25 US banks,
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Insider Pro and Computerworld Name Workiva One of the Best Places to Work in IT

FORTUNE and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Workiva Inc. Note: Claim not confirmed by
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Singapore's Lee Calls Election for New Mandate to Fight Pandemic

Follow Bloomberg on LINE messenger for all the business news and analysis you need. Singapore will hold an election on July 10 as Prime Minister
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Eerie Calm Settles On Housing Market, Defying Doomsayers for now

Even some private-mortgage issuers, which don't have government backing and are typically the most risk-averse in a recession, have come back into
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Turkey's c-bank revises reserve requirements to enhance lending

ANKARA (Turkey), June 22 (SeeNews) – Turkey's central bank said it has decided to suspend until the end of 2020 a requirement obliging lenders
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Rocksteady Games Is Making A Suicide Squad Title

Rocksteady Games Is Making A Suicide Squad Title

Rocksteady Games Is Making A Suicide Squad Title … from CI Games this morning as the company announced Sniper: Ghost Warrior Contracts 2.
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Lockdowns Lead Banks to Consider Trimming Branches and Office Space

A year after JPMorgan Chase opened a 12,500-square-foot branch on Madison Avenue, the 1,714 branches for Chase and other banks that anchor
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Saudi Binladin Construction Group Misses Salary Payments

Bloomberg News wasn't able to independently verify their identities. Even before this year's crisis, Binladin was still suffering from the oil-price slump
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DoD announces Defense Production Act Title III actions

… a $25 million Defense Production Act Title III Agreement with Weber Metals, Inc. to strengthen the domestic aviation defense industrial base; a $55
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COVID-19 Impact on Global Air Treatment System Market 2020: Industry Share, Size, Trends …

Air Treatment System Market 2019-2025 analyzed the world's main region market conditions, market growth rate, … Reasons for Buying this Report:
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RenoFi raises $6.4 million to help lenders offer home renovation loans

RenoFi provides the platform that makes it seamless for a lender to offer renovation loans without hiring new staff,” Goldman told HousingWire. “It just
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City officials condemn racial disparity in lending, say it's a 'call to action'

WBEZ reporter Linda Lutton talks about how Chicago's top equity and housing officials are trying to battle extreme disparities in lending among
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P2P Lending Market 2020- Global Industry Analysis, By Key Players, Segmentation, Trends And …

P2P Lending Market Report Provided Full Details of Executive summary, Scope of the report, Research Methodology, Introduction, 2020 Market
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How to close on a mortgage during the COVID-19 pandemic

Fannie Mae, Freddie Mac, and the federal government have already relaxed their requirements for closings. But your lender is free to ignore those and
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Many pandemic business trends are likely here to stay

Real estate businesses have also found ways to connect with the public using technology. Kerry McGhie, owner and designated broker of John L. Scott
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COVID-19 Impact on Global Commercial Aircraft Fuel Nozzles Market 2020: Industry Share, Size …

Commercial Aircraft Fuel Nozzles Global Market 2019 presents detailed … Report @ https://www.orianresearch.com/enquiry-before-buying/903087.
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For First Time, Share of Mortgage Loans in Forbearance Decreases in US

The share of Fannie Mae and Freddie Mac loans in forbearance dropped for the second week in a row to 6.31%, which is a 7-basis-point improvement
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NTC's Hillman Recognized as Industry Thought Leader

BUSINESS WIRE)–Nationwide Title Clearing, Inc. (NTC), the leading … announced today that company CEO John Hillman had been recognized by
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Xylanase Industry 2020: COVID-19 Impact, Global Demand Analysis, Size, Investment Analysis …

… growth of your business in the global Xylanase Market. This report provides valuable information about market size, share, trends, suppliers, buyers,
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Welsh govt's 'piecemeal' plans to open housing market will damage economy, warns CA

The CA is urging the government to speed up its plans to restart the Welsh property market, which is already lagging six weeks behind England.
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Morning Coffee: The new-old perk brightening the day in banking. What happens to office returns …

In lockdown banking, it may be making a comeback. As we noted yesterday, Citi has sent an email to its investment bankers globally suggesting that
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Florida's New Uniform Commercial Real Estate Receivership Act

Below is a general overview of the differences between the appointment and administration of commercial real property receiverships under Florida
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COVID-19 Impact on Global Mobile Point-of-Sale Market 2020: Industry Share, Size, Trends …

COVID-19 Impact on Global Mobile Point-of-Sale Market 2020: Industry Share, … Inquire more or share questions if any before the purchase on Mobile
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Central banks hint at pandemic stimulus exit. Markets aren't buying it

The estimated $5 trillion in asset purchases unleashed by the five biggest central banks to cushion the impact of the pandemic has helped lift world
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US plans to slap tariffs on aluminum imports from Canada – Bloomberg News

… reported https://www.bloomberg.com/news/articles/2020-06-23/u-s-set-to-announce-aluminum-tariffs-on-canada-by-end-of-week?sref=C6LRZopg
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Irish mortgage arrears creep up in first quarter

Irish mortgage arrears creep up in first quarter

The rate of mortgages in arrears for more than 90 days dipped to 5.6 per cent at the end of the quarter from 5.7 per cent in December, continuing a trend
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Call for Submissions: 2020 Leading Real Estate Law Firms

Do you represent a law firm with a real estate specialization? Don't miss out on the chance to participate in our comprehensive 2020 Leading Real
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SmartStream launches API for RDU SFTR service

CIBC Mellon will provide national and international custody, securities lending and institutional accounting services to the Canadian public pension
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Applied Mortgage Giving Invests in Communities with $45000 Regional Donation

NORTHAMPTON — Applied Mortgage Giving announced a new campaign, the Vitality Grant, which will be donated to six local community
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COVID-19 Impact on Global Interactive Projectors Market 2020: Industry Share, Trends, Growth …

Global Interactive Projectors Market Industry 2019 research report gives … Inquire more or share questions if any before the purchase on this report
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Keeping Bank Customers Connected in a Socially Distanced World

For banks, their ace in hole during testing times will likely prove to be the trusty ATM. Despite being around for more than 50 years, the ATM plays a
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Regulator keeps capital buffer for big banks at 1% but warns vulnerabilities remain elevated

Canada's banking regulator kept the domestic stability buffer for the biggest banks unchanged at 1 per cent of risk-weighted assets in its semi-annual
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Bidding wars becoming more common as demand outpaces supply in local real estate market

Jay Inslee's stay-at-home order allowed real estate to continue in a limited fashion. In-person meetings with customers were prohibited except to sign
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Roostify Engages Factual Data to Provide Access to Consumer Credit in Mobile or Desktop …

Simple administrator configuration options allow lenders to choose … is highly valuable in today's lending climate,” said Factual Data President Jay
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Conveyancers urge Welsh govt to unlock housing market

Yesterday the First Minister of Wales Mark Drakeford allowed a partial reopening of the housing market, but the trade body for conveyancers has urged
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Dedham Savings expands commercial lending team

Charles Shediac and Karen Cohn recently joined the Dedham Savings Commercial Lending team as senior vice presidents, and James Horrigan has
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Area real estate market in recovery mode

Virtual showings of homes during the pandemic did help to keep the area real estate market alive. But for buyers, there is nothing like seeing and
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Rocket Mortgage Classic Announces Fund To Tackle Detroit's Tech Access, Digital Literacy Gaps

The Rocket Mortgage Classic, a PGA Tour stop, takes place July 2-5 at Detroit Golf Club without an audience. “The Connect 313 Fund, alongside
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Number of Americans skipping mortgage payments fell for first time since March

The percentage of Fannie Mae and Freddie Mac loans in forbearance fell for the second week in a row to 6.31 percent. Meanwhile, the percentage of
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News / Harsh reversal of fortune for containership owners as charter rates tumble

The reversal in fortunes for shipowners who at the turn of the year were still benefiting from a supply shortage, caused by the industry's transition
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Half of mortgage applicants denied despite receiving AIP

Almost a third (31%) of homebuyers have lost their deposit due to delays in getting a mortgage as a result of Covid-19. Rozi Jones. |. 23rd June 2020.
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Current Mortgage Rates, June 23, 2020 | Rates ease

The average rate on 5/1 adjustable-rate mortgages, or ARMs, the most popular type of variable rate mortgage, increased. Rates for mortgages are
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Half of buyers denied mortgages despite having agreements in principle – survey

Some 50 per cent of prospective homebuyers have had a mortgage denied … The survey which was commissioned by Butterfield Mortgages and
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Emirates Steel puts its weight behind local sourcing

“Emirates Steel is committed along with other steel producers to purchase all local scrap according to international prices,” the company said in a
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Bloomberg Westminster: Will Restaurants Close For Good?

Jonathan Downey, owner of Soho bar and Milk and Honey and a string of London street food markets, joins to discuss. Running time 23:03
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Stimulus payments, mortgage holidays mask credit score risks

Stimulus payments, mortgage holidays mask credit score risks

Credit scores are holding up well despite Australia being in recession, with government support and the mortgage repayment pauses helping to mask
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Global Manufactured Housing Market to Register Impressive Growth Rate as Demand Rambles …

The recent research report titled “Manufactured Housing Market Research: Global Status & Forecast by Geography, Type & Application (2016-2026)”
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Kingfisher Airlines: The Indian Airbus A380 Operator That Never Was

However, purchasing Air Deccan also allowed Kingfisher to start international flights before it could do so itself. Under Indian law, an airline had to
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Digital Lending Platform Market: 2020 2020 Growth: Opportunities, Key Players, Competitive and …

Global Digital Lending Platform Market valued approximately USD 4.72 billion in 2017 is anticipated to grow with a healthy growth rate of more than
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Welsh Government urged to accelerate reopening of housing market

The Welsh Government has announced a partial reopening of the housing market in Wales from the 22nd June. Rozi Jones. |. 23rd June 2020.
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How 2 startup cofounders are dealing with 3 compounding crises

Check it out here. Claire Zillman claire.zillman@fortune.com @clairezillman. Today's Broadsheet was curated by Emma Hinchliffe.
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GSEs conservatorship exit may hinge on the next election

… chief economist of the Mortgage Bankers Association, said in response to a question at a virtual event organized by Moody's Investors Service.
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Global real estate firm JLL names Karen Brennan chief financial officer

Global real estate and investment management company Jones Lang LaSalle Inc. has appointed Karen Brennan chief financial officer effective July 15.
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Local firms reveal safety measures in place ahead of housing market in Dundee reopening

First Minister Nicola Sturgeon announced last Thursday that the estate agency market in Scotland would be able to officially reopen from June 29.
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Zillow Now Displays LGBT Non-Discrimination Laws on All Homes

All for sale and rental listings on Zillow now provide home shoppers with … provides an easy way to receive mortgage pre-approvals and financing.
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Guaranteed Rate adds mortgage calculator to its platform

The lender launched GRaffordable, a mortgage simulator that allows borrowers to search customized loan options within 90 seconds. Borrowers using
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SL Green Secures $510M for 220 East 42nd Office

NEW YORK—SL Green Realty has secured $510 million in mortgage financing for its office building at 220 East 42nd St. The loan was provided by a
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Baltimore title agency hires CTO

The Security Title Guarantee Corp. of Baltimore recently hired an industry … The company's CTO formerly served as project manager at Knight Barry
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Fannie, Freddie update economic forecasts

Both Freddie Mac and Fannie Mae recently issued forecasts that weighed the coronavirus' impact on the housing market for the remainder of this year
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LendingHome Survey: Real Estate Investors Optimistic Despite COVID-19

In 2014, the company started with short-term mortgage loans and, by 2018, became the nation's No. 1 lender to house flippers. In 2019, LendingHome
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Home loan customers begin to recommence mortgage payments as September approaches

More than 485,000 mortgage customers with loans totalling $176 billion deferred their home loan repayments since major providers agreed to offer
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LO Jobs; Outsourcing, DPA, Marketing Products; Thoughts on the CFPB's Non-QM Proposal

Academy Loan Officers were also included in top producer lists by Mortgage Executive Magazine and National Mortgage News. If you're interested in
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Reminder that personal property, real estate taxes due soon

ALBEMARLE and FLUVANNA COUNTIES, Va. (CBS19 NEWS) –Some localities are reminding residents that their personal property and real estate
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Harbor View Funding is a Renowned Independent Mortgage Broker in Tustin, CA, Ready to Guide …

“We are dedicated to saving our clients the hassle of comparing loans, contacting lenders and submitting multiple loan applications. Our mortgage
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Regency Affiliates Announces Quarterly Dividend

A new $30MM mortgage loan was entered into in order to refinance existing indebtedness as well as to finance $17MM of capital improvements and
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