United Trust Bank reports 31% rise in new lending

United Trust Bank reports 31% rise in new lending

United Trust Bank has reported a 31% increase in new lending to £1.3bn in 2020, helping to drive operating profit up 35% to £44.1m. UTB's loan book
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Travelers cooped up by COVID are embracing the 'book now, figure it out later' mentality

In general, the pandemic has shown us that we need to be a bit more flexible in many facets of our lives,” Hendley tells Fortune. “When it comes to
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Nigeria Wastes Oil Reprieve as Policy Muddle Deters Investors

Investors, the International Monetary Fund and the World Bank have clamored for reforms to simplify Nigeria's multiple exchange rates, curb inflation
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Research Company Sees Little Risk in Changing 90-10 Rule

… non-Title IV sources (e.g., corporate partnerships),” the report said. “As such, we believe there is little risk among our covered companies in terms of
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AmCap Home Loans Selects LimeGear by LBA Ware to Fuel Productivity with Turnkey Business …

National lender adopts LimeGear to derive actionable business insights from mortgage loan production data. MACON, Ga., March 9, 2021
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Leumi Reports Q4 and 2020 Annual Results: Loan Portfolio Grows in 2020: Corporate – 10.7 …

The corporate loan portfolio (including real estate) grew at a rate of 10.7% in the past year; the middle-market portfolio grew by 9.8% and the mortgage
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CIBAFI – ICD Webinar Focused on the Important Role that “Open Banking” Presents for Growth …

The General Council for Islamic Banks and Financial Institutions (CIBAFI) and the Islamic Corporation for the Development of the Private Sector (ICD)
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Bank auditors can't ignore crony lending: CEA

Crony lending, resulting in capital flowing to entities that were not the most creditworthy, has impaired the quality of lending on large loans,
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Companies close 109 deals in 2020 & private equity firms (barely) lead the way

Companies continue to buy companies for access to customers and … s sale of its federal business to Science Applications International Corp. for $1.2
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UTB records increase in new lending during 2020

This figure for operating profit is a 35% increase from 2019. Gross new lending reached £1.3bn in 2020, with the loan book at year end being recorded
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The pandemic was an 'awakening' for 3M

My last in-person meeting before closing the Fortune offices was with 3M CEO Mike Roman. 3M's most famous product before last year was the Post-it
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Clark County Title Office relocating to AB Graham Building

The title division has two other locations available in Clark County aside from their downtown location. One is the Southern Village Title Office, which is
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Saudi Real Estate Refinance Co launches 4 bln riyal Islamic bonds, plans dollar issue

SRC, modelled on U.S. mortgage finance firm Fannie Mae and owned by sovereign wealth fund PIF, is also considering issuing covered bonds and
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Chinese property investors looking at Australia can expect a rough ride

The middle of the previous decade was the heyday of Chinese cross-border property investment, not just in Australia but across the world. Those were
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Global Merchandiser

The main focus of this job is to be able to work on both sides, with Designers and Business Units and deliver a Merchandising Strategy on his category.
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Fortune favours the brave – Surfing the wave of next-generation retail banking

Fortune favours the brave – Surfing the wave of next-generation retail banking. 0 minutes ago. 0. 0. 0. Mary Connor, Director – Product Management,
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China State Funds Buy Stocks to Stem Worsening Rout

… Kong in the morning session, according to data compiled by Bloomberg. … News of state intervention in the $10.6 trillion equity market lifted other
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A Change In Fortune

The turning of the tide for Equal Weight was primarily driven by strength in smaller caps, as Equal Weight has a small-cap bias. The comeback of smaller
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GE, AerCap Entice Investors With Deal Still Shrouded in Mystery

A sale of GE Capital Aviation Services, or Gecas, could garner GE about $25 billion, Bloomberg Intelligence said in a report in 2019 — before the
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Top China Generals Urge More Spending for US Conflict 'Trap'

Top China Generals Urge More Spending for U.S. Conflict 'Trap'. Bloomberg News. March 8, 2021, 6:52 PM PST. 3:05
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This Insider Has Just Sold Shares In WW International, Inc. (NASDAQ:WW)

This Insider Has Just Sold Shares In WW International, Inc. (NASDAQ:WW)

Insiders in WW International didn't buy any shares in the last year. … If you like to buy stocks that insiders are buying, rather than selling, then you
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[Trending] International E-commerce Market Poised for an Explosive Growth in the Near Future …

At first, the report provides the current business condition along with a valid assessment of the International E-commerce Market Analysis.
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Sales Mgt., MLO Jobs; Processing, FHA, Efficiency, Video Products; Dr. Fratantoni on the Economy

The first third-party mortgage processing network with an all-in-one digital platform, wemlo℠ allows mortgage loan originators to keep an eye on every
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Canadian Housing Market: Ride the Cresting Wave With These 2 Stocks

The Greater Vancouver market saw a 73% spike in sales numbers, while Ottawa's home prices saw a 27% jump. As per an analysis, this market activity
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5 facts about Antilia, Mukesh Ambani's $2 billion Mumbai mansion

According to property trends, per square foot of any real estate on Altamount Road ranges between a massive Rs 80,000 to Rs 85,000 (as per the nos
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Horace Bray Indulges His Psychedelic Side On New EP, 'Fame, Fortune and Perfume'

But Horace Bray went for a more drastic makeover on his new EP Fame, Fortune and Perfume. Previously known for his guitar work, Bray largely
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Sale of GFO falls through

However, City Administrator Zack Thorington told the council in January that the title company had not received the funding, and so the city had not
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International Business Machines Corp – Doc re Form DEF 14A

Company INTERNATIONAL BUSINESS MACHINES CORPORATION TIDM IBM Headline Notification of filing of document. The Corporation's Notice
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France Ceramic Tiles Market Increasing Demand with Leading Player, Comprehensive Analysis …

The real estate sector is experiencing robust growth within the market due to competitive ceramic tiles pricing. Ceramic tiles are widely applicable in
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Indecomm Releases DecisionGenius™, An Automated Decision-Making Software for Mortgage …

DecisionGenius™ is the latest release in Indecomm's mortgage automation product suite, which includes two predecessors: AuditGenius™, a quality
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Century 21 Real Estate Named #1 Fastest-Growing Franchise By Entrepreneur Magazine

Global Industry Leader Marks Milestone 50th Year with Top Recognition and a Mission to Transform the Real Estate Experience. MADISON, N.J.
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Op-ed: Defining success as a woman in investment banking is more than just titles and salaries

I am a Black woman in her 30s who is a wife, mom of three girls and president of the nation's largest minority-owned investment bank – which is also
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Composites Market Size Hit USD 112 Billion by 2027; Global Industry Report by Recent …

Increasing utilization of composite materials in 3D printing applications will broaden the horizons of this market, observes Fortune Business Insights™ in
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PRM, CF Real Estate Services Merge

PRM, CF Real Estate Services Merge. The combined firm will operate under the RPM brand and provide services to more than 84,000 apartments.
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REO firms look out for new 'mission' metrics after GAO recommendation

But there are sometimes non-financial reasons to do things. I can appreciate that too.” Bonnie Sinnock. Capital Markets Editor, National Mortgage News.
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Prime housing outpacing the rest of the market due to altered buying patterns

“As consumer property buying behaviour has changed and more people are looking to invest in larger homes, the premium property market has been
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Twenty-somethings in NYC are finding their dream apartments on TikTok

NEW YORK — As vacant apartments pile up in big cities, real estate agents are … said Cash Jordan, a broker at Union Square Property Management.
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Housing market in Baldwin County continues to sizzle

The 'for sale' signs aren't staying up long either. According to Baldwin Realtors, the average days a property is on the market is 56, down 24.3%
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A Look Back: US Mortgage Delinquency Rates Experience Record Highs and Lows in 2020 …

To gain an accurate view of the mortgage market and loan performance … For ongoing housing trends and data, visit the CoreLogic Insights Blog:
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Mitch Gould of Nutritional Products International: The Future is Now For Retail

Further research from McKinsey indicates that 73 percent of customers have tried new shopping behaviors during the pandemic. “The research indicates
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UWM boycott motivated by market share loss, Rocket exec claims

UWM boycott motivated by market share loss, Rocket exec claims

The head of Rocket Cos.' third party business fired back at United Wholesale Mortgage on Tuesday, saying UWM's call for a broker boycott was
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Shell Strikes $926 Million Deal to Sell Oil Assets in Egyptian Desert

Cairn's retreat from the North Sea comes after several other international producers have withdrawn from the aging region. Meanwhile its purchase in
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China Stock Valuations Are Reasonable: UBS's Liu

China Stock Valuations Are Reasonable: UBS's Liu. Bloomberg Markets · TV Shows. March 8th, 2021, 6:56 PM PST.
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The Whales of NBA Top Shot Made a Fortune Buying LeBron Highlights

… opportunity before the rest of the world could see it. Their luck, timing and knowledge of blockchain and basketball turned out to be worth a fortune.
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How to pay off a $200000 mortgage faster

Thirty years is a long time, but it's the most common repayment term for mortgages in the U.S. According to Experian, the average mortgage debt
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Online lender SoFi to buy California community bank

Founded in 2011, SoFi capitalized on the retrenchment of banks from large swaths of consumer lending in the aftermath of the 2008 financial crisis.
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Real estate inventory is declining but it now takes longer to clear unsold units

In a bid to ease the burden of high unsold inventory, various state governments and realty developers are enticing customers by offering concessions.
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Brokers share what United Wholesale Mortgage's fight with Rocket means for them

The broker/owner of Home Loans Inc. in Charleston SC. told MPA that he was surprised but delighted to hear Ishbia going after his competitors in that
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loanDepot to be the official mortgage provider of MLB

The mortgage firm will also become the presenting sponsor of the two Championship Series through 2025. The agreement will deliver a massive
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Rising Mortgage Rates to Hurt Mortgage Lenders' Fee Income

Also, homeowners, who had taken loans at higher rates, refinanced them at lower rates. Thus, companies with mortgage operations, including banks
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Kennedy Wilson Debt Platform Hits $1B Across Western US

Kennedy Wilson partnered with Fairfax Financial Holdings to create the $2 billion debt platform to pursue first mortgage loans secured by real estate in
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Top Women in Business Spotlight: Susan Elkington

Title/company: President of Toyota Motor Manufacturing Kentucky (TMMK) in … production control division at our parent company, Toyota Motor Corp.
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Wells Fargo becomes latest banking giant to set 2050 net zero financed emissions goal

All of the 'big six' US investment banks have now vowed to significantly reduce the carbon emissions of their lending activity in a bid to deliver net zero
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Reverse Mortgage Pro

Reverse Mortgage Pro. Showcase Richmond. Posted: Mar 9, 2021 / 08:48 AM EST / Updated: Mar 9, 2021 / 08:48 AM EST. AddThis Sharing Buttons.
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Fitch Rates Die Sparkasse Bremen's Mortgage Pfandbriefe 'AA+'; Outlook Negative

The assets consist of residential mortgage loans (85%), commercial mortgage loans (13%) and substitute assets (2%). All the properties are located
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Butte County housing outlook for spring remains competitive despite development

CHICO — The housing market outlook for Chico heading into March continues to tighten with demand high and prices of new homes rising.
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BeSmartee Wins HousingWire's 2021 HW Tech100 Mortgage Award

BeSmartee's commitment to serving lenders and borrowers with an end-to-end digital mortgage experience that goes deeper and faster into the
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UPDATE 3-Japan to keep foreign spectators away from Tokyo Olympics, Kyodo says

… 2018 Winter Games in Pyeongchang, South Korea, local fans accounted for 80 percent of all ticket sales, with international fans buying 20 percent.
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Sask. real estate market continues momentum

Median sales prices were up in 13 of the 19 markets that the SRA tracks (with Moose Jaw and Yorkton seeing the strongest declines while Estevan and
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American Financial Resources Adds Conventional Financing for Singlewides

“AFR has been financing manufactured homes for more than 10 years, so we are experienced in this growing segment of the housing market,” says
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CBRE Vice Chairman Tom Shafer Departs to Join Capital Real Estate Group — Form New …

CBRE Vice Chairman Tom Shafer Departs to Join Capital Real Estate Group — Form New …

This technology and focus allow Shafer to remain true to his devotion to “client based real estate.” These groundbreaking start-ups remain integral to the
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CBC Mortgage Agency Names Tai Christensen Diversity, Equity & Inclusion Officer

Christensen began her real estate finance career more than 14 years ago as a mortgage processor. She joined CBCMA in 2018 and has served in her
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Sterling Bank puts HEART into Nigeria's banking sector

Sterling Bank is accelerating its digital innovations to further strengthen its links across key sectors to drive Nigeria's economic growth. Dominic Ellis.
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IRA Withdrawals for First-Time Homebuyers: A Good Idea?

A modern approach to mortgages: Complete your mortgage online with bank integrations and automatic updates. Talk to a loan officer only if you want to
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Look to Banking as a Model for Stopping Crime-as-a-Service

Look to Banking as a Model for Stopping Crime-as-a-Service. The first step toward prevention is understanding the six most common CaaS services.
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Banks must avoid crony lending, have compensation clawback provisions to curtail ever-greening …

Chief Economic Advisor Krishnamurthy Subramanian on Tuesday said that the financial sector must acknowledge the problem of crony lending and
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Is the 'Legacy' Carbon Credit Market a Climate Plus or Just Hype?

As major corporations look to buy carbon credits to offset emissions, critics … Permian Global, the company that organized the credit sales, provided
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Who are the HW Marketing Leaders?

HousingWire's newest award program launches today, honoring the housing economy's top marketing execs in lending, mortgage servicing, investing
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Refinancing fuels jump in home mortgage lending

Lenders issued $1.06 trillion worth of mortgages in the fourth quarter of 2020, up 6 percent from the third quarter and 55 percent from a year ago. That
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Microsoft Hack Shows How to Lose and Win the Cyberwar

Amazon.com Inc., for example, declined to testify at the SolarWinds hearings, even though hackers used its cloud computing operation's servers to
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Today's mortgage rates stick around historic lows | March 9, 2021

Today's mortgage refinance rates have risen since yesterday. Average rates for 10-year refinance increased by 125 basis points, while 30- and
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$2 million in emergency mortgage relief still available for homeowners in Mecklenburg County

While renters have overwhelmed the RAMP CLT program, the mortgage relief portion of the City of Charlotte program remains significantly underutilized.
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What's driving Toronto's hot housing market? A real estate expert breaks it down

Real estate expert John Pasalis talks about the hot housing market and the buying frenzy that pushed the average home price past the record
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Nationwide Title Clearing Wins 2021 HW Tech100 Mortgage Award

NTC services the nation's top mortgage lenders, servicers, investors and custodians. NTC has won the Tampa Bay Times Top 100 Workplace
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AI is getting more powerful, faster, and cheaper—and that's starting to freak executives out

And with that here's the rest of this week's news in A.I.. Jeremy Kahn jeremy.kahn@fortune.com @jeremyakahn. A.I. IN THE NEWS. The U.S. government
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University partners with real estate community to create opportunities for students, business …

The Steers Center for Global Real Estate at Georgetown University's McDonough School of Business, along with its board members and business
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Landscaping products Market 2021 Evolving Technology, Trends and Industry Analysis || Future …

Landscaping products market report analyses the growth, which is currently being growing due to the expansion of real estate sector worldwide.
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Global Front E Axle Market Is growing Continuously in Global Business Industry from 2021- 2026 …

This market report also endows with the list of leading competitors and their moves such as joint ventures, acquisitions, and mergers etc. The universal
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Why You Need a Home Appraisal, and How Much It Costs

An appraisal is an evaluation of a home's value given its condition and the current housing market. In most cases, mortgage lenders require an appraisal
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ION Capital, GIC Offer to Buy Italy's Cerved for $2.2 Billion

Bloomberg LP, the parent of Bloomberg News, competes with ION in providing financial data to customers worldwide. (Updates with shares in third
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