How a 'cash-free' banking system harms vulnerable consumers

How a 'cash-free' banking system harms vulnerable consumers

Covid-19 fears accelerated banks' moves towards cashless transactions. But the Reserve Bank has come out swinging on the side of cash – and the
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Monmouth Real Estate Announces Review of Strategic Alternatives

HOLMDEL, N.J., Jan. 14, 2021 (GLOBE NEWSWIRE) — Monmouth Real Estate Investment Corporation (NYSE:MNR) (“Monmouth” or the “Company”)
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Slate Grocery REIT Announces Closing of US$169 Million Mortgage Loan

UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that it has closed a US$169 million mortgage loan
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Valrico Real Estate Team Combines Efforts To Support Hillsborough Education Foundation

By Gwen Rollings. The Kilene Kelly Group (KKG), Keller Williams Realty, in Valrico contributed much to the community this year. Its real estate team
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The week in bankruptcies: Evergreen Mortgage Notes LLC, River Bend Management Group of …

Evergreen Mortgage Notes LLC filed for voluntary Chapter 11 bankruptcy protection Dec. 31, 2020, in the Middle District of Florida. The debtor listed
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Buying and Selling Real Estate in Canada РQu̩bec

In Québec, real estate is categorized as being immovable (real) property, as opposed to movable (personal) property. Both lawyers and notaries
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Greenberg Traurig Expands Asia Real Estate Practice; Adds Mori Inada in Tokyo

The firm was recently shortlisted for Real Estate Law Firm of the Year by Asian Legal Business (ALB). Inada has over 15 years of experience
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5 consumer hardware VCs share their 2021 investment strategies

Consumer hardware has always been a tough market to crack, but the COVID-19 crisis made it even harder. TechCrunch surveyed five key investors
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NOTEBOOK – ONE GOOD READ: Latinos, Blacks charged more than twice as much in banking …

A new national survey conducted by Bankrate found that people of color pay more than twice the banking fees that white Americans pay, according to
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Real Estate Transactions: Jan. 15, 2021

Lively Irrevocable Real Estate Trust, Carol A. Lively, trustee, to Carol A. Lively, Richard S. Lively and Joan M. Sutherland. 26 Lively Lane and
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Rent-regulated tenants more than $1.1B behind on payments: survey

“These numbers show that renters and housing providers will need more relief,” Martin said, “either from the federal government or through creative
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Frisco real estate broker who stormed the Capitol says she went to Washington because Trump …

The FBI field office in Dallas would not comment on whether she is being investigated. The Texas Real Estate Commission said it investigates only
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Feds indict NY real estate exec in $50M fraud scheme

Federal prosecutors say the former CEO of a New York real estate firm defrauded hundreds of investors out of more than $50 million after luring them
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This Former Banking Executive Wanted to Help a Friend Suffering From Lupus. Now He Leads a …

My banking clients and now BioIncept investors respond well to getting things done in a first-class way. Bioincept is focused on developing drug
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Words Matter: Why Integrity Is Essential In The Real Estate Business (And Everywhere Else)

Similarly, the Department of State monitors real estate agents to determine that the ads we place accurately describe the property we are listing. We
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Commercial Real Estate Still at a Premium

But one thing property owners, real estate brokers and business owners agree on is that a great deal of uncertainty remains, and pegging a time frame
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PPP Fatigue? Earn Referral Fees and Eliminate Risk During PPP 2.0

By referring PPP loans to an SBA-approved servicing partner, banks can … referral fees, eliminate risk, and get back to their core banking services.
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California Homeowner Goes into Hardship, Losing Job Due to COVID-19 Unable to Make …

Now the two are financially grappled and incompetent of making mortgage payments. After countless unsuccessful attempts getting a bridge loan or
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Some Retail tenants receive rent cuts amid pandemic

Smaller mall owners like CBL & Associates Properties and Pennsylvania Real Estate Investment Trust weren't as fortunate—they were forced to file for
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Aurora honors 100-year-old real estate board

The idea was to promote professionalism in the selling of real estate. Little did those Realtors know they were planting the seeds for a growing
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OC's priciest home listing: $58 million Corona del Mar mansion

OC's priciest home listing: $58 million Corona del Mar mansion

She is a real estate reporter for the Southern California News Group. From celebrity-owned homes to architectural jaw-droppers, she specializes in big-
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Buying a home in a seller's market: What you need to know

Kevin Wolff is a real estate freelance writer for the Seattle P-I.
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Foreclosure activity drops in 2020 as backlog builds up

… on their loans, and whether the strength of the housing market will help cushion the fallout.” Paul Centopani. Reporter, National Mortgage News.
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Home loan surge 'bodes well' for housing market

Home lending has surged to record highs as buyers seize on ultra-low borrowing costs and bet on a sustained recovery in residential property prices.
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Ruzin Talks Career Focus, Women In Mortgage And More

Ruzin joined series' host Andrew Berman, head of engagement and outreach for National Mortgage Professional Magazine. Together they explore
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Black Knight launches correspondent platform with AI decisioning

… automation and scale in place, it becomes a less expensive way to buy servicing than in bulk transactions,” Gagliano told National Mortgage News.
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Northern Colorado housing market to continue cruising in 2021, economist says

Larimer County home prices rose 8.3% in 2020 and are expected to increase 5.5% this year
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New York Attorney General Sues NYPD Over 'Excessive, Brutal' Force Against Peaceful Protesters

New York State Attorney General Letitia James sued the New York City Police Department and its leadership Thursday, claiming that the NYPD
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Warehouse, Sales Jobs; Digital, AMC, Pricing Tools; Comp Survey; Cap. Markets, Broker Products

Out of Tennessee comes news that First Community Mortgage will acquire a Mortgage … Mortgage Coach National Account Director Job Description.
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Seattle ranks among cities where homeowners were most cost-burdened in 2020

“In fact, the share of income needed to afford housing continues to increase and monthly mortgage payments are becoming a financial burden in more
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Blue Origin's New Shepard spaceship aces uncrewed rehearsal for crewed space trips

Memberships · Health Benefits · GeekWire Startup Resources · GeekWire Startup List · GeekWire 200 – presented by Martin Selig Real Estate · Seattle
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US Indexes Close Lower Thursday

Freddie Mac released its weekly mortgage market survey. The 30-year fixed-rate mortgage averaged 2.79%, up from 2.65%. The 15-year fixed-rate
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FHFA Extends COVID-19-Related Loan Flexibilities

… that Government Sponsored Enterprises (GSEs ) Fannie Mae and Freddie Mac will extend several loan origination flexibilities until February 28.
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One mortgage company finds higher purpose hiking 14ers

On this particular early morning, The Home Loan Expert President Ryan Kelley … Drawing a connection between the strength it takes to summit the mountain … While hiking Mount Elbert was Chiarella's first hike with The Home Loan
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Senior Housing Wealth Reaches New Milestone of $7.82 Trillion

“The reverse mortgage marketplace has greatly expanded over the past year to include more private-label products that offer consumers more options
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Amazon hires Seattle U computer science chair, then makes big donation to find replacement

A 2019 study documented the increasing trend of AI professors in the U.S. leaving academia for the private … This dual perspective is a real privilege.
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Colorado Development Receives $7.8 Million in LIHTC Equity

… $12 million tax-exempt permanent loan forward commitment and a $2.75 million taxable permanent loan forward commitment through Freddie Mac.
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Bryn Mawr Trust Adds George Robostello as South Jersey Managing Director of Commercial …

He reports directly to Jim Donovan, Head of Commercial and Industrial Banking, and will build a team of commercial bankers focused on the New Jersey
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Chattanooga home sales, prices rise to record highs amid pandemic

In a year beset with a pandemic, tornadoes and civil unrest, one bright spot that emerged in 2020 was a residential real estate market that enjoyed
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Fannie Mae, Freddie Mac can keep future earnings, per agreement between Treasury and regulators

Federal Housing Finance Agency Director Mark Calabria has warned that more steps need to be taken to ensure that Fannie Mae and Freddie Mac don't
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Interagency Bankers Roundtable: Supporting the Needs of Low

Interagency Bankers Roundtable: Supporting the Needs of Low

Interagency Bankers Roundtable: Supporting the Needs of Low- and Moderate-Income Renters in the Tampa Metropolitan Statistical Area. Share This
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US long-term mortgage rates rise; 30-year at 2.79%

Mortgage buyer Freddie Mac reports that the average rate on the benchmark 30-year fixed-rate home loan jumped to 2.79% this week from 2.65% last
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Home Point Capital to raise $500M, give half to its owners

Home Point Capital to raise $500M, give half to its owners. Parent company of Homepoint, the third-largest wholesale lender in America behind United
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Nano-cap mortgage lender Alpha Investment sets terms for $5 million IPO

The loans will encompass originating performing commercial first mortgage loans, subordinate financings, and other commercial real estate-related
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2021 DRI Awards finalists announced

Brian Zawada. Newcomer of The Year: James C. Bowden, Freddie Mac Anna Kronesczuk, Fusion Risk Management Natasha Kovach, ABCP, Shell.
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Long Island home prices, sales spike as buyers face shortage of properties

The average interest rate was 2.79% this week, down 0.86 percentage points from a year ago, Freddie Mac reported Thursday. Buyers “truly want to
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Blockchain firm Figure secures $100m JP Morgan mortgage financing as bank license hopes dented

Conforming mortgages can be bought by Fannie Mae and Freddie Mac, whereas jumbo mortgages cannot. The startup uses its website to originate
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Slight uptick in new-home loan applications hints at future resurgence

… scant 0.2% month-over-month after falling 16% the month before, and the Mortgage Bankers Association is forecasting that they will continue to rise.
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Growth In 2021, EPM Announces Philip N. Mancuso As President

… such as Conventional, FHA, VA, 203K, Reverse and USDA loans, as well as a, trusted Fannie Mae, Freddie Mac & Ginnie Mae Seller/Servicer.
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General Electric Claims Siemens Energy Won Contracts Due to Stolen Trade Secrets

… and Freddie Mac, charting a course for the housing finance giants to move away from government control, while acknowledging numerous issues
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Lument Arranges $50 Million to Refinance Two Texas Multifamily Communities

Lument secured a $40 million, fixed-rate Freddie Mac loan for Fairways at South Shore. The seven-year loan, which qualified for the agency's Green
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Fitch Affirms FREMF 2016-K53 and Freddie Mac Structured Pass-Through Certificates K-053

Freddie Mac Guarantee: The multifamily mortgage pass-through certificates (FREMF 2016-K53) classes A-1, A-2, X1 and X3 are guaranteed by
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Hays County sees record real estate sales, price increase


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Manhattan apartment rentals nearly doubled in December

Manhattan apartment rentals nearly doubled in December, signaling a possible turnaround in the city's struggling real estate market, a new report said.
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Freddie Mac Prices $796 million Multifamily K-Deal, K-1519

MCLEAN, Va., Jan. 14, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through
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We Are Buying Urban REITs: Cities Are Not Dying Or 'Emptying Out'

This makes it difficult to forecast when or if NYC will bounce back. On the other hand, Logan Mohtashami, lead analyst at Housing Wire, strikes a different
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7 things that have changed forever in the mortgage industry

Working from home may be a new preference for a majority of the workforce. … This column does not necessarily reflect the opinion of HousingWire's
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Telegram Adds 25 Mln New Users In 72 Hours

The U.S. Treasury Department said Thursday it was altering its stake in Fannie Mae and Freddie Mac, charting a course for the housing finance giants
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Industry calls for new FHFA leadership, GSE reform

They also want to see a change in the leadership structure at their regulator, the Federal Housing Finance Agency. At a webinar hosted by NAR,
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Orchid Island Capital Announces Estimated Fourth Quarter 2020 Results, January 2021 Monthly …

… certificates and collateralized mortgage obligations issued by Fannie Mae, Freddie Mac or Ginnie Mae, and (ii) structured Agency RMBS.
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Upgrade adds mobile banking to credit, lending platform

Upgrade adds mobile banking to credit, lending platform

Upgrade launched its first mobile banking platform Thursday, a product co-founder and CEO Renaud Laplanche said will complement and drive
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Photos: Nextdoor founder sells San Francisco mansion for $5 million under asking price

… views, among many other amenities. The renovations are reflected in the price tag of the property, well above the $7 million Tolia paid for it in 2011.
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WR Berkley Sells Manhattan Real Estate Investment Property

Berkley Corp. sold off one of its real estate investments – a New York City office complex – at the end of 2020. The sale generated a $105 million pre-tax
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BANKING BAD: Odessa Bank of America customers locked out of their bank

ODESSA, Texas (KOSA) – In the modern world, most people do nearly all their banking online. But some people still bank the old-fashioned way by
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Vestin Realty Mortgage I, Inc. and Vestin Realty Mortgage II, Inc. Enter into Definitive Agreement …

Vestin Realty Mortgage I, Inc., formerly Vestin Fund I, LLC, invests in loans secured by real estate through deeds of trust or mortgages and as defined in
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REAL ESTATE: The Riley Report

REAL ESTATE: The Riley Report. by Lee Riley | Jan 13, 2021 | Business. Happy New Year from Pagosa Country! This year,
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Dallas-Fort Worth's best retail real estate will bounce back from COVID-19′s empty storefronts

Dallas-Fort Worth's retail real estate market will begin to recover in 2021, but landlords need to help tenants, experts said at the annual Weitzman
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'House Party' Podcast: Hot Design Trends for 2021, and Miley Cyrus' Racy Home Decor

On our first episode of 2021 we discuss the design trends we'll all be clamoring for this year, the real estate in Kim and Kanye's divorce, and more.
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Senior Housing Wealth Reaches Record $7.82 Trillion

Reverse mortgages are available to homeowners age 62 and older with significant home equity. They are a versatile financial tool that seniors can use
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Burke & Herbert Bank Welcomes New Commercial Banking Executive

In this role, Mr. Mellors will manage the Bank's commercial banking business line and play the lead role in developing and implementing strategies to
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Google muscles up with Fitbit deal amid antitrust concerns

… 2009 founding — while it fights a series of lawsuits filed by the U.S. Department of Justice and state attorneys general. … corporate parent, Mountain View, California-based Alphabet Inc., boasts a market value of nearly $1.2 trillion.
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CFPB Issues Two Final Rules: A Change to the General Qualified Mortgage Rule and the …

The Consumer Financial Protection Bureau (“CFPB”) recently issued two final rules aimed at bolstering the Qualified Mortgage (“QMs”) market.
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Real Estate Advice: Is your mortgage 'underwater?'

Q: I am single and in my early 70s. My mortgage is underwater, and I am sick of throwing money down this drain that also needs a lot of repairs.
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Mambu CEO wants to take composable banking to Latin America

Berlin-based SaaS (Software-as-a-Service) banking engine Mambu has been rapidly expanding its footprint globally to develop composable banking
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Economist: NoCo housing market to continue cruising in 2021

… hot residential real estate market in Northern Colorado. As recovery ramps up during 2021, the local housing market is expected to remain strong,
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Brazilian Federal Banks Dashboard: 1H20 (Strengthening Policy Bank Role During Pandemic)

The focus on policy banks guided the strategies of the five Brazilian federal banks (Banco do Brasil [BB], Banco Nacional de Desenvolvimento
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How Will the Market React to CBRE Clarion Global Real Estate Incm Fd (IGR) Stock Getting a …

The market has been high on CBRE Clarion Global Real Estate Incm Fd (IGR) stock recently. IGR gets a Bullish score from InvestorsObserver's Stock
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Can vaccinated people still spread COVID-19? Here's what we know.

Angela Dunn, the state epidemiologist, put it this week: “It's just so important we still recommend individuals continue to wear face masks and physical
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If virtual conferences take hold, many jobs lost in the hospitality industry could be gone for good

Hotel and lodging statistics from the U.S. also indicate a shifting demand … The hotel industry is clearly following similar trends found in the housing
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New York City may turn vacant retail space into Covid testing sites, says real estate mogul

Vacant retail space in New York City may become rapid Covid testing sites, according to real estate executive William Rudin. “[A] person could show
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State of State: Evers targets broadband, fixing unemployment

State of State: Evers targets broadband, fixing unemployment

(AP) — Gov. Tony Evers, in his State of the State speech Tuesday delivered virtually for the first time in state history, called on the Legislature to update
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One-mile extender from 241 to Los Patrones Parkway opens

Development has continued steadily at Rancho Mission Viejo since the housing crash ended in 2012. So far, more than 4,000 homes have been built.
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StanChart investment banking head emerges as frontrunner in CEO succession

The lender makes the vast majority of its profits in Asia and is one of the largest international banks operating in Africa. He inherited a bank in crisis after
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Housing market expected to skyrocket following Space Command announcement

(WAFF) – The Huntsville housing market is expected to take off over the next few years with more companies and employees headed to the area.
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Is Trump Smart Enough To Reappoint Janet Yellen?

Trump is likely to give us a Wall Street guy to chair the Fed.

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Money Is Politics

You read that right. And here’s what it means for Trump’s new Fed chair.

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Congressional Lies Threaten America’s Democracy And Social Fabric

A democratic system can withstand political differences and vigorous debate and emerge even stronger. But transparent and

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Has UK housing market run out of steam? Momentum slows, data shows

Housing market activity slowed sharply in December as the latest lockdown and stamp duty holiday, which is soon coming to an end, had a negative
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Our Lost $18.4 Trillion And The Lessons For Tax Reform

“The government is promoting bad behavior.” These were Rick Santelli’s words on the floor of the Chicago Mercantile Exchange

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Black and Hispanic Americans pay twice as much in bank fees as Whites, survey finds

People of color are paying more than twice the amount in banking fees than White Americans, a Bankrate survey found. When asked about fees such
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Trump Picks Federal Reserve Governor Jerome Powell To Lead The Central Bank

With this choice, the president opted against a radical break with the status quo.

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Want to Re-elect Trump? Follow The Wall Street Democrats

One of the best ways to help Trump win a second term would be for the Democratic Party to embrace Wall Street. That surely

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Small rise in US mortgage rates spurs flurry of new applications

Mortgage applications surged 20% last week in response to a slight rise in rates, the Mortgage Bankers Association said in its weekly assessment.
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Southern California Housing Forecasts for 2021: San Diego, Riverside, Los Angeles

Home Prices Rising Steadily in Most SoCal Cities. On January 7, the research team at Realtor.com published a housing market report that showed
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Re-Litigate This! Donna Brazile, The DNC, And The Democratic Divide

Democrats are fighting again. The trigger this time is former Democratic National Committee Chair Donna Brazile’s forthcoming

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Senator Collins Should Uphold Mainers Rights To Our Day In Court

Sen. Susan Collins has long been an independent voice for Maine, acting in the best interests of Mainers, and not narrow

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Why Democrats Don't Need Wall Street

My old colleague Doug Schoen from the Clinton White House days has an op-ed out in the New York Times that is remarkable

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Alexander: For the Kings, the big picture is bright … if distant

… the team's current state, but deep down I suspect they understand. For years they were the most loyal and long-suffering fans in this market, living for
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Mortgage Rates Hit Record Lows Again – Real Estate Market Update

The housing market has been incredibly hot and it's only natural that at some point, it gets taken off the boiler. With that in mind, home builder sentiment
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Elizabeth Warren Reams GOP: 'The System Is Rigged' Against Americans

Republicans overturned a consumer protection rule that allowed class-action lawsuits against banks.

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Dismantling white privilege starts with undoing racist housing policies

Dismantling white privilege starts with undoing racist housing policies

We are looking for people who are proximate to the problem of home devaluation and have an innovative market- or policy-based innovation. If that is
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Freddie Mac Quarterly Forecast: Housing Market Continues to Perform Strongly Primarily Driven by …

“Despite the uncertainties of the pandemic, the housing market performed well in the second half of 2020,” said Sam Khater, Freddie Mac's Chief
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Denver's 2020 Housing Market Breaks Multiple Records

Denver's housing market closed 2020 with new records highs for average closing prices and closing volume and new record lows for active listings
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As Island Housing Crisis Grows So Does Need for Solutions

Our housing market is under pressure of an intensity we've never seen. We are at record low inventory levels and there are only about 18 homes for
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When it comes to a hot housing market, it's all relative

When it comes to a hot housing market, it's all relative

Realtor.com no longer considers Rochester a Top 10 hottest housing market, but that doesn't mean the the online real estate listings website thinks
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The housing market was going to drop 30pc during the pandemic but instead many areas are …

A girl and a boy sitting in the garden. Caitlin Ketley and Ben Munton bought a house in Chigwell for $400,000. (ABC News: Katri Uibu).
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Baldwin County real estate market robust to end 2020

Baldwin County, Alabama, Realtors report on sales for December 2020. Robertsdale, AL – (OBA®) – The Baldwin County housing market finished 2020
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Weekly Housing Trends View — Data Week January 9, 2021

Here's what the housing market looked like over the last few weeks. Homebuyer demand has started strong in 2021. While shoppers may be optimistic
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IRR forecast finds bright spots in US commercial real estate market

In less than nine months, the stock market has confounded the bears, while most local housing markets across the nation posted their best close on
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What to expect from the Denver housing market in 2021

Realtor and managing broker for Coldwell Banker Lane Lyon details what realtors are expecting will happen with the Denver-area housing market in
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Luxembourg sees highest rise in housing prices in EU

A yearly comparison between the third trimesters of 2019 and 2020 reveals an increase in house prices of 13.6% in Luxembourg. Link: Eurostat report.
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Here's a More Accurate View on Canada's Housing Market Crash

Canada's housing markets looked in big trouble, particularly around the mid-last year. The country's real estate prices have been zooming for the last
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LI Housing Market Hits New Highs As Coronavirus Rebound Continues

LONG ISLAND, NY — The Long Island housing market hit new highs in December as home buying continued to rebound after the massive slump
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Wayfair shares jumped 47 percent in 2021 on stimulus hopes, hot housing market

… this year as investors bet that the online furniture retailer will benefit from additional stimulus in the US and continued strength in the housing market.
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5 biggest questions for real estate in 2021

Housing markets weathered a challenging 2020 with a strong second half. But will the positive trends hold? Here are the five biggest questions for real
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Are 2020's Housing Market Trends Here to Stay?

Rent Spree, a tenant screening service for real estate agents, property managers, and landlords, has released a housing study that reflects on and
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Morning Brief: The housing market tells the whole story

Yahoo Finance's Myles Udland, Julie Hyman and Brian Sozzi break down how the housing market is faring amid pandemic. Our goal is to create a
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Home Prices Rose 13% in December, Sales Up 16%

SEATTLE · “The December housing market felt more like spring than winter,” said Redfin chief economist · Median prices increased in each of the 85
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Houston housing market set new records in 2020, says HAR

Despite being in the crosshairs of a global pandemic, oil crisis and recession, the Houston real estate market exceeded expectations and shattered
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Mortgage rates poised to rise as US Treasury yields surge

The red-hot housing market has left the number of available properties for sale at record lows, which has contributed to a sharp increase in home prices.
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Global Rental Housing Market 2020 with COVID-19 After Effects – Growth Drivers, Top Key Players …

The report states global Rental Housing industry developmental factors, historical performance from 2015-2025. The segmental market view by types of
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Despite pandemic, 2020 a record year for York County's housing market

After a nine-week shutdown amid the global pandemic, Realtors said they had no idea the York County housing market would rebound as quickly as it
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UK Real Estate Market Shows Signs of Cooling

The U.K.'s bustling real estate market is expected to begin cooling as the country continues to battle the spread of the coronavirus pandemic,
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Housing trends: Ottawa-area market remains strong to start 2021

That connection is expected to carry on as we look at the 2021 trends in Ottawa housing and design. A strong housing market, a demand for renovations,
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Federal National Mortgage Association (FNMA) Corrects From Highs: What to do Now?

Federal National Mortgage Association (FNMA) Corrects From Highs: What to do Now?

… stated that the incoming President's team has started talks on how it is going to get rid of the regulator that oversees Fannie Mae and Freddie Mac.
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Jonathan Reckford, Habitat for Humanity International CEO, To Give the Keynote Address at 2021 …

Jonathan serves on the boards of the Federal Reserve Bank of Atlanta, is the chair of Leadership 18 and is a member of the Freddie Mac Housing
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Fitch Expects to Rate GSMBS 2021-PJ1; Presale Issued

High-Quality Mortgage Pool (Positive): The collateral consists of all 30-year fixed-rate mortgage (FRM) fully amortizing loans seasoned approximately
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Today's Best Mortgage and Refinance Rates: January 13, 2021 | Rates Up Again

Freddie Mac's benchmark Primary Mortgage Market Survey put mortgage rates at 2.65% with 0.7 points paid for the week ending January 7, setting a
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Today's Best Mortgage Rates, January 13th, 2021 – Rates trend higher

30-year mortgages. The average rate for the benchmark 30-year fixed mortgage is 2.94 percent, up 8 basis points from a week ago. A month ago,
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Guaranteed Rate may IPO, whether its CEO wants it or not

HousingWire spoke to nearly a dozen current and former executives and workers at both firms on the condition of anonymity to assess the Stearns
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KeyBank Provides $47.6M Construction Loan for Affordable Housing Project in Austin

Separately, KeyBank's Commercial Mortgage Group provided a $40 million Freddie Mac forward commitment, tax-exempt loan for the project.
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Buying a home? How to choose the right Seattle neighborhood

SEATTLE, WA – OCTOBER 31: A Redfin real estate yard sign is pictured in · Here's what the 2021 housing market will look like in Seattle.
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30-year jumbo mortgage rate rises (but it's still pretty low)

… known as a non-conforming loan, is one that exceeds the maximum value of financing that can be bundled for sale to Fannie Mae or Freddie Mac.
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StanChart investment banking head emerges as top contender for CEO – FT

(Reuters) – Standard Chartered Plc's investment banking head Simon Cooper has emerged as the internal contender to replace Chief Executive
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Analysis: CRE and Washington's New Agenda

Slightly longer- term, Biden and his administration will likely address taxes, reform of Fannie Mae and Freddie Mac, and regulatory changes that
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Today's mortgage refinance rates move up | January 12, 2021

That's obviously much higher than the monthly payment would be on a 30-year mortgage at that rate, but it comes with some big advantages: You'll save
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FHFA considers changes to the home appraisal process

The FHFA is the body that regulates the mortgage financing giants Fannie Mae and Freddie Mac. Home appraisals are an important step in the home
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FHFA Extends COVID-19 Multifamily Mortgage Forbearance through March 31, 2021

On December 23, the Federal Housing Finance Authority (FHFA) announced an extension of the COVID-19 relief mortgage forbearance to qualifying
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Mortgage tech tools to boost first-time buyer savings unveiled

The second tool is the result of partnership between Mojo Mortgages and fintech app Snoop, a savings and budgeting tool that uses open banking
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Freddie Mac Multifamily Leads Industry with $77.8 Billion in Multifamily Loans Securitized

The record-setting figure demonstrates Freddie Mac's continued industry leadership in risk transfer and use of innovative securities to move risk from
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Remote work, California migration will continue to rev DFW housing market in 2021

The COVID-19 pandemic accelerated trends that were already occurring in the North Texas housing market — including a surge in relocations from
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Impact of the CARES Act on mortgage servicing operations

In this episode, Habib discusses mortgage rates, what a new administration means for housing and how the industry can build an empire in 2021.
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Sarasota affordable housing complex 'Lofts on Lemon' breaks ground

… the city of Sarasota, the Charles & Margery Barancik Foundation, the Community Foundation of Sarasota County, Bank of America, Freddie Mac,
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2021 Startups to Watch: PMI Rate Pro ensures efficiency for mortgage loan officers as market …

Three years into working as a mortgage loan officer, Nomi Smith realized she was not doing justice to all her clients because there wasn't enough time
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'Love & Listings' Stars Tackle LA Housing Market In COVID-19 Era

'Love & Listings' Stars Tackle LA Housing Market In COVID-19 Era

However, the reality star and luxury real estate agent took the pandemic head-on and led the charge with his team of realtors as they utilized digital
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Mesa West on Staying the Course: Q&A

One of the original commercial real estate debt funds, the non-bank lender relies on strict lending parameters when navigating uncertainty, and
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The 5 best Miss Fortune skins in League of Legends

This skin changes Miss Fortune's outfit, opting for a witch's attire instead of the captain's look familiarly associated with the champion. Bewitching Miss
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China's Huawei Develops Smart Roads That Talk to Driverless Cars

China's Huawei Develops Smart Roads That Talk to Driverless Cars. Bloomberg News. January 13, 2021, 1:00 PM PST.
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Majority of agents want housing market shut down to manage virus spread

When asked whether the property market should remain partially open, as now, with branches able to open, socially distanced physical viewings,
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"Bloomberg Markets: European Close" (01/13/21)

“Bloomberg Markets: European Close” (01/13/21). January 13th, 2021, 10:53 AM PST.
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Microsoft debuts its second 'vertical cloud': Microsoft Cloud for Retail

It's also integrating Dynamics 365 Sales and Customer Service apps with its Commerce app, which officials said will enable self-service buying
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PPP Loans Open to Small Banks Friday, All Lenders Tuesday

All PPP lenders will have access to the agency's loan portal next week. Starting Monday, the SBA had made the loans exclusively available to
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Mortgage Tech: Black Knight, CoreLogic and Mutual of Omaha

… to serve reverse mortgage borrowers seeking either a Home Equity Conversion Mortgage (HECM), or a HECM for Purchase (H4P) transaction.
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Miami Community Lands $51M Freddie Mac Refi

JLL provided the variable interest rate Freddie Mac loan, which will be serviced by JLL Real Estate Capital, LLC, a Freddie Mac Optigo lender.
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'An Epiphany Moment' for Corporate Political Donors May Have Arrived

Even when it gives money to trade groups, it restricts its money from being … he said, because the company isn't seen as partisan or buying access.
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Freddie Mac Multifamily Prospects Sector with $77.8 Billion in Multifamily Loans Securitized Other …

The history-placing determine demonstrates Freddie Mac's continued sector leadership in risk transfer and use of modern securities to go possibility from
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30-year mortgage rate bounces off record lows

The 30-year fixed-rate loans in this week's survey included an average total of 0.32 discount and origination points. Mortgage rates have been in steady
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Houston home sales hit records in 2020

Last week, the average rate for a 30-year mortgage fell to a record low of 2.65 percent, according to Freddie Mac. “The low interest rates are
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Refi Applications Highest Since March

The share of Fannie Mae and Freddie Mac loans in forbearance decreased to 3.19 percent – a 5-basis-point improvement. The share of Ginnie Mae
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Residential Evictions: What Homeowners Need To Know – UPDATED January 2020

The foreclosure moratorium adopted by Fannie Mae and Freddie Mac prevents servicers from filing foreclosure proceedings against homeowners with
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Mortgage and refinance rates today, January 13, 2021

Average mortgage rates rose appreciably yesterday. They haven't fallen since Jan. 4 so they're some way above the all-time low. But they're still
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KKR plans $695M MBS offering backed by logistics portfolio

KKR Industrial Portfolio Trust 2021-KDIP is collateralized by a first-lien mortgage for 96 industrial properties in 18 cities with major gateway
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Investment fund Global Infrastructure Partners to buy Signature Aviation for US$4.6bn

Formerly known as BBA Aviation, the company pursued an aggressive acquisition strategy during the last decade, buying FBOs and rival aviation
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Oops, they did it again: Nets mortgage future to chase titles with Harden

Oops, they did it again: Nets mortgage future to chase titles with Harden. Read full article. Justin Quinn. Wed, January 13, 2021, 3:34 PM PST ·2 min
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Fortune Favours The Brave

Fortune Favours The Brave

When Elusive Fortune won Friday's Listed Jamaica Handicap at Kenilworth, it marked an auspicious moment for owner Pamela Isdell, who watched
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DIBL, EMAAR Karachi signs agreement to promote mortgage financing

Karachi: Dubai Islamic Bank Limited (DIBL) and EMAAR Karachi Ltd signed an agreement to promote Home Financing for their current and upcoming
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Greater Commercial Lending opens online applications for new round of Paycheck Protection …

Greater Commercial Lending (GCL), a wholly-owned subsidiary of Greater Nevada Credit Union (GNCU), announces the opening of its online
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Colombia's La Haus Raises $35M To Digitize LatAm's Residential Real Estate

La Haus is building a real estate marketplace for Latin America to make the homebuying and selling process easier. People in the U.S. often bring up
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What Small Business Owners Need To Know About The New Round Of PPP Loans

Eligible companies include companies that previously received a PPP loan during the first round of lending, as well as those applying for the first time.
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World Economy Boxed In, Gaping Deficit, Taper Specter: Eco Day

Here's the latest news and analysis from Bloomberg Economics to help you start the day: Shocks to supply chains are engulfing a wider swath of the
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Hyundai IONIQ retains Company Car Today PHEV of the Year title

Hyundai IONIQ retains Company Car Today PHEV of the Year title. 14.01.2021: The Hyundai IONIQ Plug-in Hybrid has been named Company Car
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MDI Helpers offer to lend a much-needed hand

MOUNT DESERT ISLAND — When life came to a screeching halt in March of 2020 because of the novel coronavirus, a few committed community-
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GameStop Surges Most Ever in Short Squeeze After Cohen Move

GameStop shares have climbed as much as 118% in the three days since news of Cohen's addition to the board and reached the highest price since
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Merchants Capital Launches Tax Credit Syndication Platform

Mortgage banking company Merchants Capital has established a … transformation into a full-service financing provider for affordable housing.
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Trump Pondered 'Person X' Parler Handle Before Site Shut-Down

Parler shut down on Sunday after Amazon.com Inc.'s web services division cut it off, claiming the social network failed to crack down on posts
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KKR closes first Asia Pacific real estate fund at $1.7 billion

HONG KONG (Reuters) – U.S.-based investment firm KKR & Co said on Thursday it had closed its first fund targeting real estate investments in Asia
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The Funded: 11 Bay Area companies raise over $800M at midweek

Funding · Blend Labs Inc., San Francisco, $300 million: Coatue Management and Tiger Global led the Series G funding of this mortgage lending platform
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Private messaging apps Signal and Telegram are red hot after the Capitol riots

… compared to a maximum of 1,000 on Signal. Pavel Durov, a Russian entrepreneur who was Fortune's 40 under 40 list in 2018, is Telegram's CEO.
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SF fintech Blend sees valuation rise to $3.3B after netting $300M more in cash

Founded in 2012, Blend offers a platform that focuses on mortgage lending and the home buying process for both buyers and lenders, and its digital
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Is It Time To Treat China Differently From Emerging Markets?

Foreign investors also bought US$10.4 billion worth of Greater China equity funds last year through October 2020, which compares to a nearly US$24
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Trump EPA Approves Treating Citrus With Dangerous Pesticide Banned in More Than 100 Nations …

… classified as “extremely hazardous” by the World Health Organization. … the Rotterdam Convention, an international treaty designed to reduce trade
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Fed's Rosengren says US labor markets could stagnate until vaccine is widely available

The Main Street lending program saw a surge in interest from borrowers and lenders in December after Treasury announced that the program would
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Mansion Global Daily: Remote Work Motivates Home Moves, UAE Residents Prefer Property …

While Hong Kong's notoriously competitive and price-prohibitive housing market may have seen some easing due to the global coronavirus pandemic
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How to spend $ 200 billion: Elon Musk ready to give his fortune for charitable cause

His fortune, according to the Bloomberg Billionaires Index, exceeded $ 200 billion. Now, as a decent billionaire, he thinks where to spend this money,
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