How Older Homeowners Are Shaping the Housing Market

How Older Homeowners Are Shaping the Housing Market

This older demographic has also made its presence known in the housing market. While the 2019 national homeownership rate was 64.6%, the rate
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Civic Atlanta: CareSource aids affordable housing; AT&T and Home Depot gifts; Kids get a boost

Anyone keeping up with the metro area's housing market has seen prices climb, creating a greater need for affordable places to live. And COVID
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Can you buy a home with plans to rent on Airbnb?

Here's what you need to know about financing that purchase. Conventional loans. A conventional loan is a smart way to finance an income-earning
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Why your old Pokémon trading cards could be worth a fortune

Old Pok̩mon cards collecting dust from when you were a kid could be worth thousands Рwith some selling for enough to give you a house deposit.
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Andrews: Solar power real estate too costly

In fact, just to replace the existing nuclear power from the Palo Verde Station, still farther west, close to 300 square miles of real estate would be
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Canada will 'absolutely' share COVID vaccines with world if it receives excess doses: Trudeau

It also has an option to purchase 200 million more. … The COVAX alliance, a global vaccine purchasing program run by the Gavi vaccine alliance and
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Insight-Backed Inhabit IQ Announces Investment from Goldman Sachs Merchant Banking Division …

Founded in 1869, The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm. Goldman
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Asia Trounces US in Health-Efficiency Index Amid Pandemic

The rankings of France, Spain and Peru tumbled most among the 57 economies in Bloomberg's 2020 adjusted-formula survey, which includes only
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Fortune Brands Home & Security Reaches Analyst Target Price

In recent trading, shares of Fortune Brands Home & Security, Inc. (Symbol: FBHS) have crossed above the average analyst 12-month target price of
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Baystate Business: Moderna Vaccine (Radio)

Bloomberg News markets reporter Kriti Gupta on the day in the markets … State House News Service senior reporter Matt Murphy on reports that
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Taiwan Stock Market Predicted To Open In The Green

Even though you might reap savings via a low mortgage rate, you'll likely pay more for a home. What's equally problematic is that limited housing
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Meet the “wellness real estate movement” evangelist

On the latest episode of Coffee Talk, TRD's Amir Korangy sat with wellness real estate CEO Paul Scialla, whose company Delos has raised over $230
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JP Morgan Chase, Promotory Financial, Citi on Cloud Banking

JP Morgan Chase, Promotory Financial, Citi on Cloud Banking. December 17th, 2020, 2:04 PM PST. Andrew Lang, Chief Technology Officer at JP
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What does the fallout from Covid-19 look like for Greater Washington commercial real estate? We …

Here are excerpts, edited for space and clarity, of the forecasts they offered commercial real estate reporter Daniel J. Sernovitz. With many companies
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Stock ETFs Rally as Indexes Hit Fresh Highs Amid Stimulus Optimism

Real estate was one of the best-performing sectors in the S&P 500, boosting the … Analysts noted the impact of stimulus hopes on the market rally, as
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Walker & Dunlop Completes Sale, Arranges Complex Capital Stack for San Antonio Apartment …

Walker & Dunlop is one of the largest multifamily lenders in the country; it is ranked the third largest Freddie Mac Optigo® lender and the #1 Fannie
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Canada's small lenders face post-pandemic growth hurdle as bigger rivals win deposits

Smaller lenders, however, struggled to record growth figures in the single digits, despite offering higher interest rates, as savers stuck with familiarity
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Jason Ray is leading the way in manufacturing software

Title: CEO and co-founder, Paperless Parts … the Navy, he connected with some investors and thought he'd like to buy a manufacturing company.
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Florida man says credit score dropped nearly 200 points after deferring mortgage payments under …

Forecast Video · FOX 35 Weather App · FOX 35 Orlando Hurricane Center · Weather Alerts · Hour-by-Hour Forecast · 7 Day Forecast · Theme Parks
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Constant change is our reality – so how can banks adapt?

We are seeing a state of flux in several areas of banking: customer needs, environmental obligations, banking requirements and more. Until now, it
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Fidelity National Financial Inc (FNF) COO Roger S Jewkes Sold $2 million of Shares

Fidelity National Financial Inc (FNF) COO Roger S Jewkes Sold $2 million of Shares

Fidelity National Financial Inc is a title insurance company. It provides title insurance, escrow, and other title-related services. The firm also provides
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Sudden GOP Push to End Emergency Lending Programs Condemned as Sabotage Attempt

Sudden GOP Push to End Emergency Lending Programs Condemned as Sabotage Attempt. Sen. Pat Toomey questions Treasury Secretary Steven
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How hackers could undermine a successful vaccine rollout

More than 80% of Fortune 500 companies are SolarWinds customers, though it's currently unclear how many, if any, were compromised in the attack.
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Dallas-Fort Worth home prices could climb this high in 2021

Realtor.com predicts DFW will see combined sales and price growth of 15.7 percent next year in the housing market compared with 2020. That figure
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Affordable housing advocates celebrate historic funding grants for Fargo-Moorhead area

17, by the Minnesota Housing Finance Agency. The renovations will include new windows and siding as well as adding some garages. Interior work
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Is 2021 the year open banking delivers on its promise?

Open banking has potential to transform the rules of finance and financial transactions. It takes the power away from the banks and gives both
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Are Insiders Buying Old Republic International Corporation (NYSE:ORI) Stock?

Are Insiders Buying Old Republic International Corporation (NYSE:ORI) Stock? By: Simply Wall St. Published: December 18, 2020.
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Why A Wichita Neighborhood Is Pushing Back Against A Title Loan Business

Title Max's parent company, TMX Finance, declined to comment, saying it doesn't respond to media inquiries. But Johnson says it isn't about this one
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Brazilian lending company Creditas raises $255 million as Latin America's fintech explosion …

“Creditas is still in the early innings of penetrating the huge untapped secured lending market in Brazil and Mexico” says Paulo Passoni, Managing
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To buy or not to buy a home is the millennials' dilemma

A popular narrative about the generation holds that high rates of student-loan debt are the driving factor behind their propensity toward renting rather
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FHLBank Pittsburgh Awards $28.8 Million in Affordable Housing Program Grants

… WIRE)–The Board of Directors of FHLBank Pittsburgh has approved $28.8 million in awarded grants under FHLBank's Affordable Housing Program
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Traditional Abstract, LLC. Is a Major Abstract Title Company in Allentown and Bethlehem …

They also help their clients handle three basic types of title insurance documents: the commitment document, the owner's title policy, or the loan policy.
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Traditional Abstract, LLC. Offers Services Related to 1031 Exchange in Allentown and Bethlehem …

has been providing title insurance for residential, commercial, and refinancing transactions since 1991. This company is staffed with highly well-trained
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BIS: Regulatory Capital, Market Capital And Risk Taking In International Bank Lending

BIS: Regulatory Capital, Market Capital And Risk Taking In International Bank Lending. BIS Working Papers | No 912 |. 18 December 2020. by Stefan
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How Technology is Disrupting Real Estate & It's In The Buyer's Favor

According to Havre, proptech is creating a much better market for buyers; here, he shares three trends that give the buyer an advantage. Virtual property
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ANALYSIS-Central bankers comb for crypto clues as Bahamas launches 'Sand Dollar'

Sand Dollar is first nationwide central bank digital cash. * Central banks across the world researching digital money. * Users give positive early
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Home Value Growth Breaks Records as Rents Stabilize

“We expect the housing market to continue its bull run from this summer and fall well into 2021,” said Zillow senior economist Jeff Tucker. “This rapid
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Fordham REI to Co-Sponsor “State of Real Estate” Event in January

The Fordham Real Estate Institute and The Business Council of Westchester (BCW) will stage a co-sponsored event, the fourth on which the two
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Q3 2021 EPS Estimates for Brinker International, Inc. Cut by Jefferies Financial Group (NYSE:EAT)

The company presently has a consensus rating of “Buy” and an average target price of $47.37. Robust Brinker International (NYSE:EAT) Still a Buying
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GLOBAL MARKETS-Stocks on edge as Brexit talks teeter on the brink

European shares were mixed early on Friday, capping the last full trading week of the year with investors still on edge over a Brexit trade deal and U.S.
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4 Signs It's Time for a New Mortgage in the New Year

4 Signs It's Time for a New Mortgage in the New Year

While you could take a home equity loan or line of credit to tap into your equity, the interest rate on these types of loans tends to be higher than the rate
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Where are they now: Former Flyer Finn works for mortgage broker in Kansas City

Finn's company, Clear Mortgage, is doing well. Dan Helm, a student manager at UD during Finn's years, runs the company's Ohio branch, Finn said.
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Renters are king in Chicago right now

Downtown apartment hunters are getting deals like they haven't seen in … Amid the worst downtown multifamily market in decades, renters like
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Size matters for central bank research publishing

Staff numbers have strongest association with central banks' research output. Central Banking staff; 18 Dec 2020.
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COVID-19 Catalyzes Innovation in Marketing, Delivery of Real Estate Services

This trend is nothing new, as businesses reliant on public contact have been casualties of tech innovation for decades. Natalie Hwang, Apeira Capital
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State backed mortgage firm issues first Sh2.7bn credit to lenders

The Kenya Mortgage Refinancing Company (KMRC) first tranche of credit to banks for onward lending to borrowers seeking long-term home loans at
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Fed pandemic lending programs a sticking point in COVID relief talks

In spite of protests from the Fed, the Treasury Department cut off money for most of the COVID lending programs, insisting they stop at the end of this
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Ops, Branch Manager, LO Jobs; CFO Role Wanted; First American Rebrand; Rural, FHA, VA …

Recently named among Top 5 Best Mortgage Companies to work for by National Mortgage News, Geneva Financial, Home Loans Powered By
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Poshmark Files for IPO

The tech-driven marketplace goes public, testing the market's appetite for fashion resale.
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Half of direct deal consumers feel 'more secure' without a broker

The changes were introduced after the regulator's mortgages market study identified consumers looking to buy an execution-only mortgage being
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Fifth Third Bank And Blend Partner To Increase Lending Efficiency

Fifth Third Bank and Blend are teaming up to help the bank digitize its mortgage process as home purchases continue to remain strong through the
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Last-Minute GOP Push to End Emergency Lending Programs Condemned as Effort to 'Sabotage …

Pushed by Sen. Pat Toomey (R-Pa.), the language would terminate the Federal Reserve and Treasury Department lending programs authorized under
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The Top-Performing Bank Stocks in 2020 All Have This 1 Trait in Common

Live Oak had already been the No. 1 SBA lender in the country, so it was ready to go. Another great thing about niche lenders is that most of them also
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The shifting role of the notary in mortgage title

So what does all this change mean for mortgage notaries? Is their job on the line, will RON bring a fundamental change to how their job is performed or
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Boom conditions for US homebuilders defy the pandemic

Similarly, Stuart Miller, executive chairman of home builder Lennar, said this week the housing market “has proven to be very strong and we expect it to
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Remortgaging in 2020: Year in Review

This date marks the end of the stamp duty holiday, mortgage payment holidays, the furlough scheme*, and the current Help to Buy equity loan scheme.
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PropertyFlow joint venture brings Remine platform to Canadian real estate market

OAKVILLE, ONT. — FCT, a national service provider in real estate technology and title insurance, has launched PropertyFlow, a joint venture with
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Land inequality is worsening and fueling other social ills, report says

“Lands that in the early 2000s were of marginal investment interest were suddenly sought out, mainly by international investors, with demand peaking
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Bearish Bets Lurk Beneath Emerging-Market Veneer of Confidence

Natwest Markets closed its bet on the Colombian peso as it nears … Even so, the majority of 63 investors, strategists and traders in a Bloomberg
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Western Wealth Capital Pays $54M for Phoenix Asset

Berkadia assisted the seller in the current deal and provided the buyer with $40 million in acquisition financing through Freddie Mac. The seven-year
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Jim Carr, Hampton Roads commercial real estate developer and problem solver, dies

Jim Carr, Hampton Roads commercial real estate developer and problem solver, dies

Jim Carr, a well-known Hampton Roads commercial real estate developer, broker and consultant, died Nov. 22 at age 68, according to his friends and
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What Is A Planned Unit Development (PUD)?

Budgets, financial statements and reserve studies; Insurance policies for common amenities. You might be a sterling loan applicant, and the home you
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Average mortgage approval times up by 144% since January

This is based on internal data on how long it takes lenders to approve mortgages after Trussle submits them. Trussle says many lenders are feeling the
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'Cyberpunk 2077' publisher's stock plummets 20% after Sony pulls the buggy game from its online …

CD Projekt stock tumbled as much as 20% to a nine-month low on Friday. The Cyberpunk 2077 developer shed up to $1.7 billion in market
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Shifting bank account is cumbersome

Many saw it as a move to capitalise on the setback that HDFC Bank faced. For banks, it's easy to get new customers sign up for a savings bank account. “
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Second Mortgages: What They Are, How to Qualify, and Where to Get Them

How Does a Second Mortgage Work? Second mortgages are secured loans for which your home equity — and by extension your home — are collateral,
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Year in Review: specialist lending in 2020

Experts from across the industry will share their thoughts on 2020 and how we can look forward to 2021 – starting with specialist lending. Here's what
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Fortune's 2020 40 Under 40 list · Elon Musk, Blasting Off in Domestic Bliss (Maureen Dowd). And we always try to leave you with something a little fun at
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Cutting Real-Estate Costs Is an Urgency, CFOs Say

Cutting Real-Estate Costs Is an Urgency, CFOs Say. Bloomberg Markets · TV Shows. December 18th, 2020, 1:15 AM PST.
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Aircraft Landing Gear Market to Hit USD 20.15 Billion by 2027; Increasing Focus on Augmenting …

Next-gen aircraft development plans by major economies will accelerate the progress of this market, observes Fortune Business Insights™ in its report
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Court Rules in Favor of Riverview Energy in Title V Air Permit Challenge

… for Quality of Life and Valley Watch, Inc. to block Riverview's Title V air permit. … The company plans to build more plants in the future, and make the
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What is a Community Land Trust? And could one help with Tacoma's homelessness crisis?

That way, people are buying the housing, but not the land. “In exchange for below-market prices, purchasers agree to resale restrictions that keep the
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Aberdein Considine appoints mortgage operations director

Aberdein Considine has strengthened its national financial services team with the appointment of Greig Brown (pictured) as mortgage operations
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US banking regulators propose requiring banks to immediately flag computer breaches

WASHINGTON, Dec 18 (Reuters) – U.S. banks would have no longer than 36 hours after finding a cybersecurity breach to flag the issue to their
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UK Launches First Satellites With New Space Partner India

… shackles,” Mittal told Bloomberg News. “This will be the first time when the U.K. will be able to speak to India on a new trade deal, new co-operation,
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Freddie Mac : DBRS Morningstar Finalizes Provisional Ratings on Freddie Mac Structured Pass …

FREDDIE MAC. FMCC. Delayed Quote. Delayed – 12/17 04:00:02
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AltFi Digital Banking Forum 2021

After a year of disruption, 2021 holds the potential for massive changes in digital and incumbent banks as they approach the areas of: Open Banking
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SRS Real Estate Partners closes $7.2 million retail portfolio acquisition in Minnesota, Indiana

SRS Real Estate Partners' National Net Lease Group has completed the $7.2 million acquisition of a portfolio of two single-tenant retail properties
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Perspectives on today's real estate market

Nuveen Real Estate's market-leading global research team is working daily to understand and assess the impact of the coronavirus on real estate
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Freddie Mac Multifamily White Paper Examines the Mixed-Income Housing Market in Areas of …

MCLEAN, Va., Dec. 18, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released a white paper analyzing the market characteristics
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VIDEO: Mayor Caldwell reallocating up to $7M for COVID-19 relief

VIDEO: Mayor Caldwell reallocating up to $7M for COVID-19 relief

Honolulu Mayor Kirk Caldwell is making a last push to continue critical COVID-19 programs, reallocating $7 million for testing, contact tracing and
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Haysto partners with Bluestone Mortgages

Bluestone Mortgages has linked up with Haysto, an online mortgage platform specialising in bad credit, self-employed and complex mortgages.
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How locals are helping refugees navigate Hamburg's crowded housing market

Hamburg's housing market makes it difficult to find affordable housing – especially for foreigners. The initiative Wohnbrücke Hamburg tries to support
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Bye, bye tax-free shopping

Bye, bye tax-free shopping. Frequent fliers with a thing for loads of tax-free luxury goodies, are well advised to skip Britain on their next foreign jaunt.
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Season's greetings from Mortgage Finance Gazette

Mortgage Finance Gazette will now be closing for two weeks for a Christmas break and we wanted to wish all our readers a very happy Christmas and
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Here's how much Europe will pay for each COVID-19 vaccine

… gained potential access to almost 2 billion vaccine doses, Commission spokesman Stefan de Keersmaecker told Fortune. However, he stressed that
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Can you get a mortgage on furlough? Lenders are tightening the screws but if you know where to …

The number of UK workers looking for furlough-friendly mortgages skyrocketed during November following the extension of the Coronavirus Job
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Real Estate Developer Sherman Roberts Faces Federal Bribery Charges Involving Dallas City …

Sherman Roberts is the president of City Wide Community Development Corporation, a company that has worked on real estate projects for years,
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Four Tips For Successful Real Estate Development In Our New Reality

CEO & Co-Founder of HAP Investments and CEO of HAP Construction. Building construction. getty. In today's world, residential real estate developers
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Bridge Lenders Get Ready to Enter the Recovery Fray

Many private lenders are creating funds in reaction to COVID. For instance, Columbia Pacific Advisors, an established private lender, is putting together
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Take a tour of 46 Penn Centre's 'spectacular' offices, amenities [PHOTOS]

One of the Kansas City-based developer and commercial real estate firm's defining developments now peers over the Country Club Plaza skyline, with
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Total pay of international bankers in Ireland jumped by a fifth last year

The international banking sector accounted for one quarter of all corporation tax paid in Ireland last year, at €2.5 billion. Photograph: Bryan O'Brien
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TCF-Huntington merger could be good for shareholders. Consumers too?

If federal regulators and the banks' shareholders approve the $6 billion all-stock deal, TCF bank would be absorbed into Huntington in the second
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Ghana's Central Bank Shuts Door on Lending Government More Money

The central bank shelved its zero-financing policy this year to lend the government 10 billion cedis ($1.7 billion) to help mitigate the impact of the
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Prognosticators: More home sales, higher prices coming in 2021

“Yet, one astonishing development has been the hot housing market as consumers eyed record-low mortgage rates and reconsidered what a home
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Can Zillow and Redfin Make Money Buying and Selling Houses?

Tech-focused real estate companies, including Redfin (NASDAQ:RDFN) and … $100 billion a year on real estate conditions, title insurance, origination fees. … Redfin is a really interesting company that's also getting all in on high
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How Much Did ASA International Group's(LON:ASAI) Shareholders Earn From Share Price …

So despite the weak per-share profits, some investors are probably relieved the situation wasn't more difficult. You can see how EPS has changed over
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China Vaccine Push, Malaysia to Ease Restrictions: Virus Update

China Vaccine Push, Malaysia to Ease Restrictions: Virus Update. Bloomberg News. December 17, 2020, 2:32 PM PST Updated on December 18, 2020
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Gojek to provide digital banking via Indonesian lender

JAKARTA — Indonesia's unicorn Gojek said on Friday it had invested in a local bank with the aim of providing digital banking services on its platform.
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We Think Neways Electronics International's (AMS:NEWAY) Statutory Profit Might Understate Its …

A Closer Look At Neways Electronics International's Earnings. Many investors haven't heard of the accrual ratio from cashflow, but it is actually a useful
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US businesses race to tap Fed lending before year-end expiry

US businesses race to tap Fed lending before year-end expiry

The Federal Reserve's emergency lending programme for small and midsize businesses has seen a jump in demand with just weeks to go before it is
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Peer to Peer Lending Market 2020 Development Trends, Regional Analysis by Key Players …

Global Peer to Peer Lending industry report provides qualitative and quantitative knowledge with various evaluation tools, the current market scenario
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Breathing Easy, from A to C

Craig Colgan is digital editor of the ABA Banking Journal, where he edits the ABA Bank Marketing and ABA Risk and Compliance channels. Coronavirus
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5 Last-Minute Gifts for Real Estate Agents

The holidays are here and in full swing. You may be looking for a last-minute gift for the real estate agent in your life. Here are some top gift ideas to
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Fidelity (FIS), Quontic Bank Team Up for New Bitcoin Offering

Quontic Bank is inventing the future, and we expect to see many other banks, both large and small, follow in its footsteps in the year ahead.” Fidelity
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Unsecured lending to get a boost post covid: Bankbazaar

This would encourage unsecured lending. The personal loan segment is expected to bounce in the April quarter, said Moneymood 2020, a report
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SunRice buys Ingham's NZ dairy feed business for $10.8m

However the company also had to negotiate multiple trading headwinds such as instability in key global markets and fluctuations in foreign exchange
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RMR Mortgage Trust Provides Update on Business Transition to Mortgage REIT

RMRM announced the closing of a $21.5 million first mortgage bridge loan it provided for the acquisition of The Lab at RTP, a 72-acre life science and
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Carrier Global Corporation (NYSE:CARR) Looks Like A Good Stock, And It's Going Ex-Dividend …

From a dividend perspective, should investors buy or avoid Carrier Global? Earnings per share have been flat over this time, but we're intrigued to see
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Residential Real Estate Expert Shiana Moore Joins Atlantic Home Mortgage's Alpharetta Branch

Raised by a single mom who was a loan rep, she grew up around lending. Moore excels in this arena because she's good at what she does and cares
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West One agrees first mortgage club distribution deal with Dynamo

The deal opens West One's buy-to-let (BTL) product range to networks and mortgage clubs. Dynamo for Intermediaries has a base of more than 3,000
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Austin metro housing demand continues to outpace supply — these are the results

This near-zero level of housing inventory throughout the region is staggering, and it will put enormous pressure on home prices and the rental market.” It
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State agencies offer tips before some mortgage relief ends

Homeowners who are uncertain about their ability to make their mortgage … steps before the deadline affecting some federally backed mortgages:.
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Mortgage rates hit record low as Fed holds interest rates at zero

Mortgage rates hit record low as Fed holds interest rates at zero. It's the lowest 30-year, fixed-rate since Freddie Mac began tracking the data in 1971.
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New construction is coming to inventory-starved housing market

Privately owned housing starts were up 12.8% year over year in October, according to data released Thursday by the US Census Bureau.
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Home flipping profits are the highest in 20 years, but fewer are doing it

It is a lot harder to find an inexpensive home to buy and flip in today's ultra-competitive housing market, but those who can will make a hefty profit. While
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US long-term mortgage rates fall; 30-year at 2.67%

Mortgage finance giant Freddie Mac said Thursday that the average rate on the 30-year fixed-rate home loan fell to 2.67% from 2.71% last week.
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US housing starts, building permits power ahead in November

The data pointed to sustained housing market strength even as the broader economic recovery is slowing amid a resurgence in new Covid-19 cases
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Why technology can keep brokers above water in the two-tier housing market

Over the summer, house sales rocketed reaching record levels of activity and boosting prices. While it might seem unimaginable for the market to boom
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RE/MAX National Housing Report for November 2020

17, 2020 /PRNewswire/ — The housing market continued its extraordinary … In November 2020, the median of all 52 metro Median Sales Prices was
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Turkey's Year of Drama Hands Investors These 2021 Priorities

Turkey's Year of Drama Hands Investors These 2021 Priorities

The lira's plunge was the steepest in emerging markets after the Argentine peso and regulators caused investor unease with market interventions,
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'Discover the Night Sky' binocular and telescope lending program in Kane County

These are the Stellar Vista Observatory telescopes and binoculars that can be checked out by families to view the extraordinary night skies in Kane
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Bloomberg Markets: China Open Full Show (12/17/2020)

Bloomberg Markets: China Open Full Show (12/17/2020). Bloomberg Markets China Open. December 16th, 2020, 10:28 PM PST.
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How Finch turns everyday digital banking into a growth investment

Rather than opening a checking account with a major bank, users can open one with Finch, receive a debit card, then go about spending like normal.
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Bitcoin Soars Above $23000 as More Wall Street Firms Pile In

Bitcoin and the wider Bloomberg Galaxy Crypto Index have both more than tripled … Here's what people in markets are saying about Bitcoin's move:
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Seacoast Banking Corporation of Florida Announces Share Repurchase Program

STUART, Fla., Dec. 17, 2020 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF)
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Sabadell appoints banking veteran Gonzalez-Bueno as new CEO

Gonzalez-Bueno, who has more than 23 years' experience in senior banking positions – including an almost three years' stint as CEO of ING Bank Spain
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Portugal's main banks suspend a third of loan repayments from companies

In its December financial stability report, the central bank said those banking loan moratoriums were equivalent to 32% of the seven banks' total credit.
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Bank of England keeps interest rates on hold at 0.1%

Bank of England keeps interest rates on hold at 0.1%. Rate-setting committee says rapid rise in Covid-19 infections will deliver bigger hit to UK economy
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Can Banking Sector ETFs Like DPST Recover in 2021?

The banking sector would like to see low interest rates go away as quickly as possible. With a global vaccine deployment underway for the COVID-19
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US Jobless Claims Unexpectedly Jump to Highest in Three Months

What Bloomberg's Economists Say… “The labor market is showing clear signs of deterioration. … We expect the trend to persist amid a sharp rise in virus
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Diebold Nixdorf named Best Banking Technology Solutions Provider Europe 2020

Global Banking & Finance Review® noted Diebold Nixdorf's ability to offer next generation self-service technology, which optimizes the customer
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SpaceX Pushes Back the Last Launch of 2020 to Friday Due to Pressure Issue

The next liftoff attempt will be Friday, December 18, with the three-hour launch window opening at 9 a.m. EST, Tran said. Originally, the Thursday launch
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New York Reverse Mortgage Foreclosure Bill Signed by Gov. Cuomo

“Lenders must now notify the Department of Financial Services when engaging in foreclosure proceedings against a borrower, and must also provide
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With Co-Parent feature, Revolut expands family banking beyond the standard two-parent household

Revolut Junior's Co-Parent new feature allows parents to invite family members to manage their children's bank accounts. Revolut Junior has more
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Banks can't ride fee income gravy train much longer

Across the industry, a significant spike in mortgage banking revenues boosted noninterest income — and helped prop up earnings — even as overdraft,
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Survey: Finance Teams Address Pandemic by Accelerating Move to the Cloud and Driving …

DENVER, Dec. 17, 2020 /PRNewswire/ — BillingPlatform today released its Trends in Finance: 2021 Market Outlook & Strategies for Growth survey,
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QuotedData's Real Estate Roundup – December 2020

The eagerly awaited news of a successful vaccine candidate came at the start of November, boosting the stock market. Property companies that had
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General Motors seeks to avoid mistakes of last foray into banking

GM, which applied last week to open a Utah-based industrial bank, stated in its application with state and federal regulators that its bank GM Financial
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Will the Raleigh-Durham Housing Market be Able to Keep Up With the Hype in 2021?

The Raleigh-Durham real estate market also has been getting more attention than usual on a national scale after the 2021 Emerging Trends in Real
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Coming in 2021: CFPB finalizes changes to "qualified mortgage" definition and creates a new …

Coming in 2021: CFPB finalizes changes to "qualified mortgage" definition and creates a new …

Residential mortgage loans that meet the criteria for QM status obtain certain protections from liability under Truth in Lending Act/Regulation Z labelled
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USDA seeks intermediary lending partners to establish revolving loan funds in rural Nevada

“They do a great job relending to small rural businesses. If other non-profits, alternative lenders, Tribes or public agencies are interested in providing
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Regulator ends debt-ratio standard for mortgage approvals

From the earliest days of mortgage loan approval standards, first and foremost, it had to be the math. Did the totals of your house payment and monthly
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LTC Reduces 2021 Rent Escalations

LTC Properties, Inc. (NYSE: LTC), a real estate investment trust that … sale-leasebacks, mortgage financing, joint-ventures and structured finance
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Facing Foreclosure? 4 Moves to Make Now

The majority of loans are federally backed. If you have an FHA, VA, USDA, Fannie Mae, or Freddie Mac mortgage, you're covered. And even if your loan
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'This has turned out, from a banking perspective, to be a pimple compared to '08 and '09.'

Jerry Baack, founder, president and CEO of Bridgewater Bank. Would I change anything? Not much. I think this was a good test for our banks, whether
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ABA Members Named to 2021 Fed Advisory Council

Seven other ABA member bank CEOs will also serve on the 2021 council. … Members are selected from representatives of commercial banks, thrift
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Column: How to maximize your chances of PPP loan forgiveness

3508S: Only borrowers with PPP loans of $50,000 or less may use this application. If you qualify, you will be exempt from reductions in loan forgiveness
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Aceable Drives Its Way Into Other Training Industries — and $50M in Funding

Driver's ed is a market where existing programs and services are largely … Boosted by low mortgage interest rates, the real estate market has been
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Real Estate Brokerage Software Market Size, Trends, Analysis, Demand, Outlook and Forecast to …

The Real Estate Brokerage Software market report is a detailed study of this domain as it delivers comprehensive details about the prevailing trends in
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New loan fund for small businesses

The New York Forward Loan Fund is an economic recovery program supporting NYS businesses, nonprofits and small residential landlords as they
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Key Takeaways from Real Estate in 2020

Just as clothes go in and out of fashion, so do real estate trends. … Real estate agents jumped on the virtual meeting trend to show houses to potential
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Mortgage lender HQ project, downtown Cleveland hotel project awarded Ohio historic tax credits

… involves a Brecksville-based mortgage lender redeveloping several buildings in Cleveland's Superior Arts District to build the company's new home.
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Red River Bank purchases banking center building in Lake Charles, Louisiana

ALEXANDRIA, La., Dec. 17, 2020 (GLOBE NEWSWIRE) — Red River Bank has purchased a banking center building located at 1855 Country Club
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Millions Risk Losing Their Homes When Moratoria Expire

Millions Risk Losing Their Homes When Moratoria Expire … examines the state of Americans' mortgage loans and rent, credit and debt, employment,
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Shipping Sheds Its Dirty Problem With a Little Help From Covid

“The fears of IMO have not been realized,” said Mark Williams, a senior oil analyst covering refined-fuel markets at Wood Mackenzie Ltd. “Covid's
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SouthState Bank, formerly CenterState, Adds Jacksonville-based Middle Market Team, Attracts Top …

“We are incredibly pleased to continue to grow our Commercial Bank through the addition of these bankers, as we expand our capabilities to meet the
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Ukraine's Leader Is Being Broken by the System He Vowed to Crush

Parliament has passed or will debate more than 10 bills to end the crisis triggered by the court's judges, it said in an emailed response to Bloomberg.
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Global Video Intercom Devices and Equipment Industry (2020 to 2027) – Market Trends and …

Amid the COVID-19 crisis, the global market for Video Intercom Devices and … SYSTEMS TECHNOLOGY RESIDENTIAL BUILDING & REAL ESTATE.
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Johnson Says EU Stance on Fish 'Not Reasonable': Brexit Update

The Trump administration is in talks with the U.K. to sign a mini-deal to reduce tariffs, U.S. Trade Representative Robert Lighthizer told BBC News.
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Mortgage rates fall to record low Common 30-year fixed for buying a home averages 2.67%

Mortgage rates fall to record low Common 30-year fixed for buying a home averages 2.67%

The 30-year fixed mortgage rate, the most popular loan product, sank to its lowest level on record this week, marking the 15th historic low it has hit this
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Business Live: Shares fall from record highs as banks drag

Mortgage finance giant Freddie Mac said on December 17 that the average rate on the 30-year fixed-rate home loan fell to 2.67% from 2.71% last
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Red Bull: No plans to replace Aston Martin as title sponsor

The two companies tied up at the start of 2018 with both a title sponsorship partnership and a technical collaboration on the Valkyrie hypercar project.
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The Pipeline: Commercial real estate roundup for 12.18.20

Reynolds Gallery leased 980 square feet at 401 Libbie Ave. in Richmond. Susan Jones represented the landlord. Divaris Real Estate reports the
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Greener Beer, Cleaner Buses and More Good Climate News

The third issue of Bloomberg Green is out, and readers can now browse through the complete run of digital stories from the magazine's pages.
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I'm retired and won't live to see my mortgage paid off. Should I refinance to lower my monthly …

By buying these mortgages, Fannie and Freddie not only pump more money into the housing-finance ecosystem — which lenders can use to create
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People on the move: Dec. 18

… in mortgage lending across credit, underwriting and production, including eight years as vice president at Freddie Mac, to his new role at Sabal.
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The Future of CRE — Economic Outlook 2021: Experts are bullish on Houston real estate

… knowledgeable real estate experts. The cerebral panel covered topics such as capital markets, the economy, construction costs, development trends
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38 States And Territories Sue Google Over Its Alleged Search Monopoly

Specifically, the state-led case accuses Google of exploiting its market position to gather and use data to the detriment of consumers in the name of
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Why investors jumped on board the SPAC 'gravy train'

“Everybody jumped on board this gravy train,” Lise Buyer, founder and managing partner of Class V Group, tells Fortune's Michal Lev-Ram and Brian
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WFRBS Commercial Mortgage Trust 2012-C7 — Moody's affirms four and downgrades eight …

… WFRBS Commercial Mortgage Trust 2012-C7 (“WFRBS 2012-C7”) as follows: Cl. A-2, Affirmed Aaa (sf); previously on Jul 15, 2020 Affirmed Aaa (sf).
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Fort Worth housing market remains strong amid economic uncertainty

There is continued economic uncertainty, but still the November Housing Report shows a continued strong real estate market in Fort Worth and Tarrant
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What the markets want for Christmas: for starters, a trillion in stimulus spending

… by pressing the Escape key or activating the close button. This is the web version of the Bull Sheet, Fortune's no-BS daily newsletter on the markets.
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Bloomberg Markets: China Open Full Show (12/18/2020)

Bloomberg Markets: China Open Full Show (12/18/2020). Bloomberg Markets China Open. December 17th, 2020, 9:52 PM PST.
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Coronavirus lending schemes extended to March 31 2021

Figures published by HM Treasury show that more than 1.5 million businesses are supported by government-backed coronavirus lending schemes to
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Beyond the List: Traditional SBA loans fell in 2020 as lenders focused on PPP

But this year, they were just a tiny morsel compared with the volume of Paycheck Protection Program (PPP) loans that local lenders approved amidst the
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WhatsApp to offer voice and video call for web and desktop app, now available in beta

The news broke when WABetaInfo found evidence that voice and video calls were set to come to WhatsApp Web, which is the browser-based tethered
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The housing market defied naysayers. What about next year?

The forecast calls for growth in home sales of about 8.5 percent compared to 2020 and for prices to go up about 3.5 percent. For a couple of years
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Knightvest Acquires Shade at Desert Ridge for $87M

CBRE Capital Markets arranged $61,671,000 in new Freddie Mac debt for the deal. Connect With Knightvest Management · Connect With The Ergas
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Business Process Management (Bpm) In Real Estate Market 2020 Development Trends, Regional …

Business Process Management (Bpm) In Real Estate Market 2020 Development Trends, Regional Analysis by Key Players – AMP Technologies,
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State of Energy: Experts consider next generation of energy industry

State of Energy: Experts consider next generation of energy industry

The world does not want to be reliant on the Russians and the Middle East any longer. When we have those calls from our international customers, the
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A tribute to Lord Luxury: Harding Retail's Mike Holmes retires after 33 years in travel retail

Holmes then joined retailer Allders International in April 1987, as the company's first confectionery buyer. He went on to work with some well-known
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RESULT OF SEK TENDER OPERATION FOR ONWARD LENDING

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures
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Minnesota housing aid will help construct, preserve 2400 affordable homes

Tim Walz, emphasized the urgent need for more housing. … in Minnesota who have been historically underserved in the housing market,” Leimaile Ho
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Fitch Affirms Triton Trust No.10 Titan Warehouse Series 2019-1; Outlook Stable

The portfolio's 'AAAsf' WAFF of 12.8% is driven by the stressed weighted-average (WA) unindexed loan/value ratio (LVR) of 67.9%, loans with LVR
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United States: Transaction Monitoring Netherlands: A Novel Solution To The Banking Industry's …

Born out of a series of roundtable discussions hosted by the Dutch central bank (DNB) in 2017 and 2018, TMNL is a first-of-its-kind private company
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Guideline issued to boost banking integration in Yangtze River Delta

Under the guideline, special cross-regional management and coordination agencies will be established in the demonstration area to support banks to
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Closing In on Stimulus Deal, Lawmakers Clash Over Fed's Role

And Democrats warned that reining in the Fed's ability to restart lending programs could close off crucial avenues for his administration to help
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ANZ preps for new banking platform pilot

Venter told iTnews the bank was “effectively building a new banking platform” which would be “cloud-native [and] API-first”. Designing and building the
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SBA lenders reflect on a historic year

“As a result of Covid-19, many new lenders with no SBA 7(a) experience signed on to become PPP (Paycheck Protection Program) lenders, joining
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Looking back at a momentous year

Fortune was no exception: our conference business went virtual virtually overnight, and the experience helped us launch a new platform for the next
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France's AFD lending 200 mln euro to Turkey's Vakifbank to back green mortgages

ANKARA (Turkey), December 18 (SeeNews) – Turkey's Vakifbank said it has signed a green mortgage project loan agreement worth 200 million euro
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Craft Wine Market Size to Reach USD 48.77 Billion by 2027; Rising Demand for Exotic and …

This information is given by Fortune Business Insights™ in a new study, titled, “Craft Wine Market Size, Share & COVID-19 Impact Analysis, By Type
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US to Blacklist SMIC and Dozens More China Firms, Reuters Says

U.S. to Blacklist SMIC and Dozens More China Firms, Reuters Says. Bloomberg News. December 17, 2020, 9:46 PM PST Updated on December 17,
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China Says EU Investment Deal Now in Final Stage, Hails Progress

China Says EU Investment Deal Now in Final Stage, Hails Progress. Bloomberg News. December 17, 2020, 5:35 PM PST Updated on December 18,
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Is EcoGreen International Group Limited (HKG:2341) A Smart Pick For Income Investors?

It would not be a surprise to discover that many investors buy it for the dividends. There are a few simple ways to reduce the risks of buying EcoGreen
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Fifth Third Bank taps Blend's digital lending capabilities

Fifth Third Bank, one of the largest banks in the Midwest, has teamed up with digital lending technology giant Blend to offer borrowers a streamlined
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'Bloomberg Markets: The Close' Full Show (12/17/2020)

'Bloomberg Markets: The Close' Full Show (12/17/2020). Bloomberg Markets · Bloomberg Markets: The Close · TV Shows. December 17th, 2020, 4:
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5 mistakes first-time home buyers make

Qualifying for a large loan doesn't mean you have to use the maximum loan amount. Buyers who go this route and finance a home they can't necessarily
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Vietnam rejects US currency manipulation charge

Foreign ministry spokeswoman Le Thi Thu Hang said Vietnam attached “special importance” to trade ties with the US and was consulting Washington to
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