Mortgage costs up 130% in 3 decades: Per Capita

Mortgage costs up 130% in 3 decades: Per Capita

Mortgage costs up 130% in 3 decades: Per Capita … Home ownership costs jumped by 130 per cent over two generations, with Gen X spending a quarter
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Americans are bingeing on big houses, and it's locking millennials out of the market

If you're a millennial or a first-time buyer excited to purchase a starter home, you'll probably have trouble finding one. Not only are starter homes at a
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Direct Real-Estate Investing or REITs: Which Should You Choose?

Direct real-estate investing and investing in real-estate investment trusts (REITs) are two of the most popular ways to invest in real estate. Choosing
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Housing market slows, but prices unlikely to drop – CoreLogic

CoreLogic's Property Market and Economic Update for the second quarter ended in June found the residential property market was losing momentum.
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Venezuela Snubs US Sanctions With First Oil Import This Year

… supertanker Rene is discharging a hydrocarbon known as condensate at the Venezuelan port of Jose, according to a document seen by Bloomberg.
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20 People to Know in Banking: Dana Mitchell

Dana Mitchell, treasury management consultant III, vice president, Old National Bank. Years in current job: 6. Years in banking: 37
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Understanding How The Pandemic Has Changed The Housing Market

Turner focuses primarily on residential housing markets, homeownership and looking at how housing markets behave. She spoke with Ben Kieffer on
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New Catholic School To Open In Baltimore Where Infamous Housing Complex Featured In 'The …

… Catholic school opened in Baltimore city where the infamous Lexington Terrace Housing Complex — featured in HBO's “The Wire” — once stood.
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A Baltimore County widow put her million-dollar mansion on the market. Then sovereign citizens …

It was the dream house designed and built by a prominent commercial real estate broker and his wife in 2005, two years after the pair married.
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Florida real estate estimated to be 20% overvalued

Out of the five, Tampa ranks the highest with a 32% premium. Graph comparing Florida housing premiums. Florida Atlantic University. This graph shows
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ABA to Lawmakers: Don't Use G-Fees as Funding Offset

… housing trade groups urged them not to use Fannie Mae and Freddie Mac guarantee fees as a source of funding offsets for government spending.
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First sales start for bankrupt developer's Bay Area real estate empire

An apartment complex in downtown San Jose is slated to become the first property unloaded as part of the auction of the pieces of the real estate empire
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Fund Managers Struggle to Keep Up With New Guideposts for ESG

More details about this work should be available before 2022, she said at a recent Bloomberg summit on sustainable investing. Redding at IIA says that
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AG Mortgage Investment Trust, Inc. Completes Reverse Stock Split

NEW YORK–(BUSINESS WIRE)–AG Mortgage Investment Trust, Inc. (NYSE: MITT) (the “Company”) announced today that its previously announced
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20 People to Know in Banking: Adam Reynolds

Adam Reynolds, senior vice president, chief retail officer, Commonwealth Bank & Trust Co. Years in current job: 2. Years in banking: 15
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Real Estate Expands California Presence With Affiliation of CARLILE Realty Group & Lending

… assisting them, discuss lending requirements, budgeting and potential neighborhoods. This program is designed to speed up the buying process.
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Title Alliance unveils new websites

Title Alliance, Ltd., recently rolled out updates to its corporate and career websites that aim to highlight its title and escrow services as well as company
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EXCLUSIVE China's CCPC takes centre stage in Iran, Venezuela oil trade-sources

Many refineries worldwide, including state-run players in China, stopped buying crude from Iran and Venezuela after the U.S. imposed sanctions, cutting
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Florida homebuyers should rent and wait out housing boom, experts say

Researchers are urging Florida homebuyers to consider renting while they wait for the state's overheated market to cool as soaring prices in South
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NATIC boosts team for New York expansion

North American Title Insurance Co. (NATIC) has appointed Margaret Redman as director of national commercial services and senior regional
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Watch these two casual dining stocks as group dips this month, traders say

Watch these two casual dining stocks as group dips this month, traders say

… Brinker International, Cheesecake Factory and Dine Brands Global sank in early Thursday trading after notching significant gains on Wednesday as
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Zoned Properties Establishes In-House Brokerage Team Expanding Commercial Real Estate …

Director of Real Estate Patrick Moroney and Designated Broker Joseph Lewis will lead Zoned Properties Brokerage. SCOTTSDALE, Ariz.
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There was some relief for Greater Washington homebuyers in June, but the market is still not in …

Greater Washington's housing market remains firmly in the seller's favor, but there are signs that the frantic pace of rising home prices is slowing ever
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Real Estate Minute – 07-22-2021

111 E Valley Dr Iowa Park 3/2 – 2,032 Sq. Ft. $279,900. Brittany Ratliff McGregor Real Estate 940-704-5540. 4403 Martinique Colonial Park
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Evolve VP Tim Anderson back with a vengeance: “I'm going to finish what I started”

… to today and total mortgage originations are expected to tip the scales at $3.9 trillion in 2021, according to the latest estimates by Freddie Mac.
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Retail Reverse Mortgage Volume Dominates Wholesale in May

Home Equity Conversion Mortgage (HECM) endorsements rose by 3.8% in the month of May 2021, for a total of 4,342 loans according to the latest
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'Vivacious' late Arlington Realtor helped put Top O' Hill Terrace on the map

In and out of the real estate world, Gloria Van Zandt was a tireless negotiator. At one point, after suffering an aneurysm, she tried to negotiate her way
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Freddie Mac names Mauricio chief compliance officer

Freddie Mac announced today that Jerry Mauricio, who has served as the entity's chief compliance officer since January 2021, will transition to the
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Renowned 7-Figure Portfolio Investment Company DeMarco Enterprises International Inc. Takes …

First-time property owners lack the industry expertise and knowledge to fully realize their dreams of buying their first house or purchasing an
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Tailwinds For The Credit Risk Transfer Market

Performance for Fannie Mae and Freddie Mac Agency Credit Risk Transfer securities has been strong throughout 2021. Robust home prices benefit
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Cleveland real estate agent pushes for more Black homeownership

President-elect Lydia Pope prepares to take the reins of the National Association of Real Estate Brokers.
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A New Lending Law Could Protect Car Buyers From High Fees

A new Illinois law aimed at reining in payday and other high-interest lenders includes changes that have outraged the state's auto lenders—but could
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Watch: Carrie DeWeese With Tulsa HBA Discusses The Parade Of Homes, Tulsa's Hot Housing …

The Home Builders Association is holding its annual Parade of Homes showcase in the midst of one of the hottest housing markets. More than 100
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Homebuying secrets from a real estate agent

Stefani Berkin, president of R New York, one of New York City's largest real estate companies, joins the 3rd Hour of TODAY to share her best secrets
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Booming housing market boosts small Hudson town

Booming housing market boosts small Hudson town. By Josh Conner Hudson. PUBLISHED 12:30 PM ET Jul. 22, 2021
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'Bloomberg Markets: European Close' Full Show 07/22/2021

'Bloomberg Markets: European Close' Full Show 07/22/2021. bloomberg-markets-european-close. July 22nd, 2021, 11:05 AM PDT.
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Brokers hope for clarity from FCA mortgage prisoners review

Ray Boulger, senior mortgage technical manager at John Charcol, said: “The question is, why didn't more people come forward? It could be there's not
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Asheville area home searches bleaker than ever? June sales, prices way up compared to 2020

Across 13 Western Counties, the real estate group documented 1,296 homes sold in June, a 24.4% increase over June 2020, as the region continues
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Army adopting new policies to help soldiers move as housing market fires up

With the housing market reaching explosive levels and soldiers moving to new orders now that COVID restrictions are lifted, some troops are having
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Los Angeles home prices, sales soar to new records in Q2

The Los Angeles housing market just keeps getting hotter. The median sales price in the second quarter for Westside and Downtown L.A. homes was
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Former Executives of Maxium Financial Announce Launch of Care Lending Group

Former Executives of Maxium Financial Announce Launch of Care Lending Group

The company anticipates entering other niche markets in the future that are currently underserved by traditional lenders. CLG's Golf Financing Division
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EU sanctions no 'silver bullet' against Myanmar's illegal timber trade, experts say

Local activists are urging the international community to do more as globally significant tracts of forests in the country come under threat, with illicit
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Small businesses lifted by return of summer tourists

There are few business travelers and international tourists. … People are spending more in the shop, she said, buying multiple items instead of just
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Your shopping mall's latest tenant? A pot dispensary

… become a mainstay, said Stephanie​ Cegielski, vice president of research with the International Council of Shopping Centers, a trade organization.
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UFP Industries' (UFPI) Stock Up as Q2 Earnings Top Estimates

However, the ProWood business unit saw a 17% drop in organic sales … Rank #1 (Strong Buy), Masonite International has a Zacks Rank #2 (Buy).
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Prime mortgages secure $1 billion JPMorgan deal

Prime, fixed-rate mortgages with large balances are underpinning the JP Morgan Mortgage Trust 2021-10, which will place $1 billion in mortgage debt
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Is Schwab International Index (SWISX) a Strong Mutual Fund Pick Right Now?

Investors naturally seek funds with strong performance. This fund in particular has delivered a 5-year annualized total return of 10.25%, and it sits in the
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Payday Lending Tumbles 39% During Pandemic

Christopher Shultz, interim commissioner of California's Department of Financial Protection and Innovation. California's payday lenders saw a huge
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Who Has Been Buying Argo Group International Holdings, Ltd. (NYSE:ARGO) Shares?

The Last 12 Months Of Insider Transactions At Argo Group International Holdings. Over the last year, we can see that the biggest insider purchase was
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International Land Alliance Issues Shareholder Letter

My business partners at Rancho Costa Verde, Michael Cresci and Robert Rios, are also tenured in these areas and they will also be working closely
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The future of lending to the oil and gas sector

the requirement for the borrower and its lenders to identify sustainability key performance indicators (KPIs) which are “material to the borrower's core
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Is All Out the Perfect Time for Kenny Omega to Lose the AEW Title?

He has raised the bar in terms of match quality and exposure, and the company's world title feels more prestigious than ever as he has carried it and
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Robert Kiolbassa, longtime CEO of San Antonio sausage company, dies at 84

Kiolbassa Smoked Meats was founded as Kiolbassa Provision Company in 1949 on San … Robert held the title of CEO up until the day of his death.
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Old Republic Reports Results For The Second Quarter And First Half 2021

Title Insurance premium and fee revenues could remain strong as low interest rates and a favorable real estate market continue. Old Republic's
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Real Talk: The devil is in the details

I hit the books to find out when the property last sold and where, so my buyers could get a discount/reissue rate on title insurance. Sometimes this
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Buy These 2 Growth Stocks Before Earnings and Hold for Years?

Even if there is another pullback during a strong earnings season, investors with long-term … Plus, it is currently expanding its international business.
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Closing in

ATG Title Inc.'s in-person office staff of about 10 — employees who managed the paperwork and payments after the mortgage title company's vast
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Fitch to Rate BANK 2021-BNK35 Mortgage Trust; Presale Issued

Fitch Ratings – Chicago – 22 Jul 2021: Fitch Ratings has assigned expected ratings and Rating Outlooks to BANK 2021-BNK35, commercial mortgage
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Trio honored for support of Catholic education

Nick has worked at the Fidelity National Title Insurance Company for over 15 years, and is now senior vice president and managing counsel.
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What to know about Knockaround sunglasses

People cannot purchase prescription lenses from Knockaround. All Knockaround products are nonprescription only. Knockaround offers free shipping
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Padres talking trades but insist won't mortgage future

Padres talking trades but insist won't mortgage future

Padres talking trades but insist won't mortgage future. Austin Nola bats against the Seattle Mariners in a game last season. (K.C. Alfred/The San Diego
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Liberty Financial's Indicative Pre-Approval Tool Makes Home Loans More Accessible

However, gaining indicative pre-approval from a free-thinking lender, such as Liberty, is a quick and easy way to fast-track full home loan approval.
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Charting the Road Ahead for Financial Planners and Reverse Mortgages

The evolving views of financial planners about reverse mortgages. Many reverse mortgage professionals are far from timid when expressing their
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Old Republic International Corporation (ORI) Q2 2021 Earnings Call Transcript

ORI produced another terrific quarter with General Insurance and Title Insurance each posting exceptional results that drove the strong consolidated
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Baystate Business: Speaker Mariano (Radio)

Bloomberg News editor John Lauerman on Biogen pushing back against critics of its new Alzheimer's drug (33:24). – Northeastern Professor Daniel
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The cost of buying a home has increased by 130 per cent over two generations and Generation X …

“Should interest rates rise without concomitant wage increases, recent mortgage holders will suffer significantly as their mortgages become unaffordable.
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'Nope': Jordan Peele reveals one-word title and poster for next film, promises a 'new terror'

The project finds Peele teaming back up with Get Out's leading man, Daniel Kaluuya, who will co-star alongside The Walking Dead alum Steven Yeun
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Whose Real-Estate Agent Are You?

Whose Real-Estate Agent Are You? Buyers should contract with agents, bargain over commissions and leave sellers out of it.
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Motto Mortgage Home Now Open in Hawaii

HONOLULU, July 22, 2021 /PRNewswire/ — Motto Mortgage, an innovative mortgage brokerage franchise focused on transparency and compliance,
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Retail real estate conference coming back to Las Vegas

Boasting a new brand that drops the mention of malls, the organizers of a big retail real estate conference are coming back to Las Vegas. Innovating
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First American Financial: Q2 Earnings Insights

Nearly all the company's revenue comes from the title insurance and related services segment in the United States. Where to put $100 right now.
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Columbus-area home sales, prices, shatter records in June

A record number of homes sold in the Columbus area during June, for a record price and in record time, as the region's housing market continued to
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Electric Truck Startup Rivian Plans Second Factory in US

Backed by high-profile investors including Ford Motor Co. and T. Rowe Price Group Inc., Rivian is looking to go public later this year, Bloomberg News
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Peter Martin: When Your Mortgage Loan is Rejected

Here's why: Most newly originated mortgages head to the secondary mortgage market, where home loans and servicing rights are bought and sold
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DIVIDEND ANNOUNCEMENT: Horton (DR) Inc (NYSE:DHI) on 07/22/2021 declared a dividend of …

Co.'s financial services operations provide mortgage financing and title agency services to homebuyers in its homebuilding markets. Co.'s subsidiary
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Opendoor's mortgage attach rate jumps, but at what cost? Mike DelPrete

For any company attempting to generate profits from adjacent services, and there are a lot, mortgage remains hard. It is no panacea for profitability.
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Americans are binging on big houses, and it's locking millennials out of the housing market

Data from Freddie Mac shows the number of entry-level homes has dwindled over time. Part of the problem is that American houses keep getting
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20 People to Know in Banking: Genny Wenta

Genny Wenta, senior vice president, treasury services, Citizens Union Bank … How has the Covid-19 pandemic changed the banking industry?
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Discover spends millions on ads, loosens credit in bid to spur lending

Longer term, he is also keeping an eye on upstart competitors such as buy now/pay later lenders. “We're on Instagram and TikTok, which is where a lot
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First American Financial Reports Second Quarter 2021 Results

“Our title segment posted a pretax margin of 19.1 percent, the highest in the company's history. ” Tweet this. Current Quarter Highlights; Total revenue of
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How's the real estate market? Be careful with an escalation clause

How's the real estate market? Be careful with an escalation clause

Whatever the reason, if you've ever thought to yourself, “I sure would like to own that property,” here are a few things you should know. You can use an
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Will Renting Become the New Status Quo?

They drive the market's housing prices higher, and buyers putting down the … While multifamily rents have also increased, the rates aren't nearly as
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American Riviera Bank Reports Strong Core Loan Growth

In 2021, the Bank has achieved an annualized return on average assets of 1.20% and return on average equity of 14.26%. Unaudited net income was
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Asia Stocks Eye Steady Open After US Neared High: Markets Wrap

Asia Stocks Eye Steady Open After U.S. Neared High: Markets Wrap. By … strategy at Wells Fargo Investment Institute, said on Bloomberg Television.
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ROC Title Marks Impressive First Half Of 2021

The company was named one of the fastest growing title companies in America by Inc 500/5000 and remains a top 10 title company in Las Vegas, NV,
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Zomato IPO delivered record fees for bankers

Investment bankers handling Zomato Ltd's ₹9,375 crore initial public offering (IPO) earned ₹229 crore in fees, the food delivery unicorn's final offer
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2 'Strong Buy' Airline Stocks to Watch Ahead of Earnings

ALK is a member of the world's third-largest airline alliance group, Oneworld. In January of this year, Alaska Air took delivery of its first 737 MAX 9 airliner
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Low inventory, high prices continue into June

According to Freddie Mac, the monthly average on a 30-year fixed-rate mortgage in June increased slightly to 2.98 percent from 2.96 percent in May
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Senior Housing Wealth Tops $9 Trillion for First Time

… according to data provided by the National Reverse Mortgage Lenders Association (NRMLA) in conjunction with data analytics firm RiskSpan.
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Asia Digital Deal Raises Hope US to Rejoin TPP Successor

… Canada, Chile, Japan, Malaysia, New Zealand and Singapore, Bloomberg News reported July 13. Read more: Biden Team Mulls Digital Trade Deal
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Clarity – Freddie Mac

… link opens a new window · CRT HandbookThis links to a pdf fileThis link opens a new window. Freddie Mac Single-Family – Clarity Data Intelligence.
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Commercial real estate: it's always darkest before dawn

A comparison of the commercial real estate market after the financial crisis and in the pandemic. We look at different sectors of the market and
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3 states have cracked down on crypto lender BlockFi as the company's interest accounts draw …

The next day, Alabama alleged that BlockFi was selling unregistered securities to partly fund crypto lending. On July 22, Texas filed a cease and desist
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2021 Market Leaders: Compass, flat-fee brokers make noise

RealTrends Market Leaders report ranks the top residential real estate firms in over 160 different metropolitan areas based on 2021 RealTrends 500
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Red hot housing market in Nova Scotia becoming election issue for first-time buyers

Halifax's real estate market is red hot. According to the Nova Scotia Association of REALTORS, home sales totaled a record 8,407 units over the first
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Bank Of America Unlimited Cash Rewards Credit Card 2021 Review

Given that several banks offer credit cards earning 2% on all purchases or cards that earn 1.5% back on general purchases and additional cash back
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Global outage hits websites of Canadian banks, big businesses

The banks were reporting technical issues affecting online and mobile banking services. People have taken to Twitter to report the outages which
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Here's What A Salvage Title Means

Going through this means the insurance companies of the owners' vehicles deem … Flood-damaged cars can receive the salvage title, for example.
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Miami-Dade County just broke a real estate record. Here are the details

Median sales prices rose for houses by 28.7% when comparing June 2020 to June 2021 — from $388,500 to $500,000 — and by 29.8% for condos —
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Honeywell (HON) Option Traders Prepare for Reversal

Optimistic investors have bid up the share prices of Honeywell International Inc. … That means option trading is literally a bet on market probabilities.
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What Stocks To Buy Today? 4 Restaurant Stocks To Know

What Stocks To Buy Today? 4 Restaurant Stocks To Know

It operates more than 2,500 restaurants worldwide, most of them based in the U.S. CMG stock has been riding a healthy uptrend over the past year. In
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20 People to Know in Banking: Sandra Stanley

I think the Covid-19 pandemic changed the banking industry in respect to technology. A lot of banks did not have the infrastructure in place and/or
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Austin housing market still hot but showing signs of slowing down

Jim Gaines, a research economist at the Real Estate Center at Texas A&M University, said while the housing market might be slowing, that is because
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Is It Really Better To Rent These Days Than Buy? Price-To-Rent Ratios Tell The Story.

According to data from SmartAsset, in San Francisco in 2021, the median home price was $1.2 million, while the median annual rent was $23,508 (or
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Existing-Home Sales Snap Back in June

Following four consecutive months of declines, existing-home sales … up all-cash transactions, but first-time buyers who need mortgage financing are
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YouTube Avoids Facebook-Level Criticism From Biden

Yet most of these people appear regularly elsewhere on YouTube, as talking heads on vlogs, podcasts or news clips. Some YouTubers will repackage
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Grove Park Housing Prices Spike After Microsoft Campus Announcement

The announcement of Microsoft's new 90-acre campus in Grove Park prompted a spike in housing prices in the neighborhood. Credit BYRON E. SMALL
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Digilytics AI on Role of Artificial Intelligence in SME loan origination

However, the mortgage loan origination system isn't limited to house loans alone. Small and Medium Enterprises (SMEs) also require loans and
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US Housing Market Frenzy May Have Peaked

But median home prices are a lagging indicator—June's data is based on contracts signed in April and May. More supply is coming onto the market.
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Senate Infrastructure Deal in Sight After Medicare Agreement

“I share the view that the Trump proposal was flawed and we're all talking about it,” he said. Drug companies, which could lose revenue if the rule is
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Israel Won't Buy Ben & Jerry's New Flavor: Bitter Taste

Except Ben & Jerry's, the Vermont-based international ice cream producer, has entered the fray. In a new lick of hatred toward Israel, the company
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Phoenix Housing Market Showing Signs Of Slowing Down

Housing prices are beginning to shift, which is good news since the recent housing market has been at an all-time hight. A housing analyst said that
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What's Next for the New Construction Homes Housing Market in 2021

The only way to help a housing shortage is to build more homes. a group of lawn chairs sitting on top of a sandy beach: Builders working on © (Getty
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Owner of Malta's Ellsworth Commons Agrees to Pay $805000 and to Permanent Exclusion from …

Eugene Rosen Made Improper Payments to Family Trusts with Corporate Funds Instead of Repaying Federally Insured Mortgage, Leaving Taxpayers to
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PenFed Reports Record Originations in Second Quarter

Source: Shutterstock. PenFed Credit Union of Tysons, Va., doubled its loan production in mortgages, autos and other consumer loans in the second
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Maine realtors say housing market should be able to correct itself

Maine home sale prices rose 24.5 percent from last June to this June, and sales are up 14.71 percent from the previous year. Realtors from across
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Alexandria Real Estate Equities Inc. stock falls Thursday, underperforms market

Alexandria Real Estate Equities Inc. stock falls Thursday, underperforms market. Published: July 22, 2021 at 4:38 p.m. ET. By. MarketWatch Automation.
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New Strong Buy Stocks for July 22nd

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Capital Product Partners L.P. CPLP: This international shipping company that
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Motto Mortgage Avalon Now Open in Georgia

Kenneth Anthony will serve as the senior loan originator for the office. He is a mortgage expert and takes great satisfaction helping homebuyers achieve
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Carlyle may not play ball in contentious deal for PNB Housing

MUMBAI : Private equity fund Carlyle Group, which is trying to take control of PNB Housing Finance Ltd, may not be able to raise its offer for the home
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US housing market boosts case for rate rises

US housing market boosts case for rate rises

Low mortgage rates and the long-term implications of remote working are fuelling housing demand. But, as elsewhere in the economy, supply
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Finding a starter home gets even harder – Freddie Mac

Finding a starter home gets even harder – Freddie Mac. Shortage of entry-level single-family homes slumps to 50-year low. Finding a
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UPS, Home Depot Among Websites Hit by Widespread Service Outage

Thousands of internet users reported widespread issues with prominent websites, including Amazon.com Inc., Home Depot Inc, Airbnb Inc. and United
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Schewels, Leggett buildings on Lynchburg's Main Street sold, real estate firm says

… store have been sold and will be redeveloped into a combination of residential and commercial space, a commercial real estate firm said Thursday.
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Existing US home sales rose in June; prices hit new highs

Still, there are signs the red-hot housing market is beginning to cool a bit, an economist says. By ALEX VEIGAAssociated Press.
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San Francisco real estate referral firm opens Tampa office

HomeLight, a San Francisco-based residential real estate referral firm and brokerage, has opened a Tampa office to capitalize on Florida's booming
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Existing US home sales up in June; prices reach new heights

The average interest rate on a 30-year mortgage fell this week to 2.78%, according to mortgage buyer Freddie Mac. A year ago it averaged 3.01%.
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Bird-safe building requirements in Madison draw lawsuit from real estate associations

Five Wisconsin real estate associations sued the city of Madison seeking to overturn its requirements for bird-safe building design in a move that's also
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Janus Cycle Group – parent of Merlin and Dean – sold to former real estate executive

Joseph previously served as chief financial officer at Spirit Realty from 2015-2018. He also served as global treasurer for Prologis, a real estate
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20 People to Know in Banking: Mike Searcy

Mike Searcy, senior vice president, chief credit officer, Paducah Bank. Years in current job: 1. Years in banking: 27
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Rocket Mortgage Is at a Risky Phase in the Cycle

But wait, don't they sell all their loans to third-party purchasers like Fannie Mae and Freddie Mac? Yes they do, but RKT usually retains the servicing
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Belgium raises flood death toll to 37, further six missing

The Federal Housing Finance Agency announced last week that Fannie Mae and Freddie Mac will be eliminating the Adverse Market Refinance Fee
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FHFA eliminates adverse market fee

The Federal Housing Finance Agency announced Fannie Mae and Freddie Mac will eliminate the adverse market refinance fee effective Aug. 1, 2021.
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Blackstone eyes return to hotel business as real estate fuels strong Q2

SEO DESCRIPTION: Blackstone saw distributable earnings in the second quarter nearly double year over year; real estate investments accounted for
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Responsible Lending expands drawdown facility

Responsible Lending previously offered customers aged 55 to 64 a drawdown option across six of the lender's 12 LTV bands, but the facility will now be
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MLO, Ops Jobs; Tech, Hedging, Advertising Compliance Products; Non-Agency Updates

And capital markets everywhere took note of Freddie Mac, “friendly competitor” of Fannie Mae, following up its announcement last week but issuing
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Online outages reported for banks, businesses in Canada and worldwide

While most seem to be coming back online, customers reported issues with either online banking or apps with several Canadian banks, including
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The Supreme Court Injects Partisan Politics Into Independent Agencies

… Federal Housing Finance Agency to oversee Fannie Mae and Freddie Mac, … And Fannie's and Freddie's shareholders wanted the court to unwind
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Cavco Industries Announces Major Expansion to Fort Worth, Texas Production Facility

Cavco's finance subsidiary, CountryPlace Mortgage, is an approved Fannie Mae and Freddie Mac seller/servicer and a Ginnie Mae mortgage-backed
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Real Estate Transactions: July 23, 2021

B: Caroline A Mansfield Realty Estate, Bryan J. Mansfield, trustee. S: Diane S. Bouvier. 34 Sunrise Terrace. $303,000. B: Sergio Cacioppo and Rebecca
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Expeditors International (EXPD) Hits Fresh High: Is There Still Room to Run?

Expeditors International (EXPD) Hits Fresh High: Is There Still Room to Run?

… that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Expeditors International passes
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TCS extends title sponsorship of New York City Marathon to 2029

The New York City Marathon's headline sponsorship deal with Tata Consultancy Services (TCS) has been extended to 2029. The company will launch
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Cleveland Browns Announce Partnership With CrossCountry Mortgage, Rename Berea Facilities

This Partnership will place CrossCountry Mortgage as the team's official mortgage partner. Big news in Berea as this is a large partnership for the team.
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Old Republic International (ORI) Tops Q2 Earnings and Revenue Estimates

Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of
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Prodigal Raises $12M to Give Lenders Actionable Insights, Streamline Their Operations Using AI

Lending industry veterans like Eric Sage (COO Plaid), Anand Joshi (ex American Express), and Nicholas Hinrichsen (CEO Carlypso) also joined the
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Title company earnings rise in 2Q even as business slips

The Mortgage Bankers Association's forecast issued on Wednesday … During the second quarter of 2020, mortgage originators had purchase volume
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Internet outage shuts down travel, banking sites and many others, plus online services including …

Internet outage shuts down travel, banking sites and many others, plus … US Bank and Fidelity, HBO Max, Costco, EA, and tech companies Amazon,
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Biden repeals Trump-era rule

The true lender rule was finalized October 2020 by the Office of the … The Center for Responsible Lending, a nonprofit that works to ensure a fair and
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Hutchins Roundup: Medicare spending, capital buffers, and more

… to hold more capital (“regulatory buffers”) on top of minimum capital requirements so they could absorb losses and continue lending in downturns.
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GUEST COMMENT Getting cross-border ecommerce fulfilment right

… of consumers across 40 international countries made cross-border purchases … Even if they are buying from abroad, people still expect their orders
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Sellers love this real-estate market; firefighters don't love these fireworks; more: Good Morning …

(Photo by Mark Pynes, PennLive.com.) Must-reads. Like hotcakes: The real estate market in central Pennsylvania is so hot that houses are selling in a
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Planet Financial Group, LLC Subsidiaries Post Gains in Asset Management, Servicing and …

Planet Home Lending is now the No. 6 government correspondent lender and No. 14 overall. Total direct originations were $1.34 billion in Q2 2021
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First American Financial Corporation (FAF) Q2 2021 Earnings Call Transcript

Investment income within the Title Insurance and services segment was $47 million, up 10%, primarily due to higher interest income from the company's
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First American beefs up intellectual property efforts

… property officer at title insurance provider First American Financial Corp. … protection and enforcement of the company's intellectual property assets,
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TriState triumphs, defies banking's 2Q lending slump and without PPP

Business lending stalled in the second quarter for most banks, especially if the boost of Paycheck Protection Program loans aren't counted.
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Changes to 'Talking Smack' rip away the show's authenticity

McMahon and company president Nick Khan have WWE in a position to make even more of a … That was the first title I won, so it meant a lot to me.
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20 People to Know in Banking: Tony Thompson

Tony Thompson, vice president, commercial banking, First Financial Bank. Years in current job: 3. Years in banking: 17
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New Jersey Orders DeFi Platform to Cease Offering Interest-Bearing Crypto Accounts

BlockFi then pooled the cryptocurrency deposits together to fund its cryptocurrency lending operations and proprietary trading. In exchange for investing
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First Commonwealth FCU earns national account certification through Bank On Coalition

LEHIGH VALLEY, Pa. | First Commonwealth Federal Credit Union, the Lehigh Valley's largest credit union and leader in inclusive banking, announced
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Tremont Mortgage Trust (TRMT) Ex-Dividend Date Scheduled for July 23, 2021

Tremont Mortgage Trust (TRMT) will begin trading ex-dividend on July 23, 2021. A cash dividend payment of $0.1 per share is scheduled to be paid
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Wells Fargo Names Derek Ellington Head of Small Business Banking

Wells Fargo Names Derek Ellington Head of Small Business Banking

Ellington joins Wells Fargo from Bank of America where his 24-year career spanned numerous roles in retail banking, commercial banking, credit, and
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Here's how to tap your house for cash as home prices soar

Further, nearly half of all tappable equity, or the amount a homeowner can borrow against before hitting a maximum 80% combined loan-to-value ratio,
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Here's When the Housing Market Will Cool Down, According to 5 Experts — and What You Can Do …

… Housing Wire, a mortgage news and analysis firm. High demand creates bidding wars, further driving up home prices — and leaving homebuyers at
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Fixed mortgage rates are back down to February lows after sharp decline in bond yields and …

(Points are fees paid to a lender equal to 1 percent of the loan amount. They are in addition to the interest rate.) It was 2.88 percent a week ago and 3.01
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Boston Banking Think Tank Merges with Insurance Advisory Firm

Boston-based banking think tank Aité Group announced it has merged with insurance advisory firm Novarica Inc. to form a new entity called
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Palm Beach Real Estate Is So Hot, At Least 22 Homes Sold for $40M-Plus Since Covid

It also marked the pinnacle of a dramatic market surge that has overwhelmed local real-estate agents since the beginning of the Covid-19 crisis.
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Canada ICI Acquires MFCI Capital in Montréal

Canada ICI is one of the country's leading commercial real estate finance firms, annually arranging financing in excess of $5.5 billion through its offices
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Market Street Motels Might Get Second Life As Apartments

The 7.7-acre Budgetel Inn and Motel 6 property is currently under contract with Vivo, said Nicholas Silivanch of Eastern Carolinas Commercial Real
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Ledyard National Bank Welcomes Michael Hakoun

Ledyard National Bank, founded in 1991, is a full-service community bank offering a broad range of banking, investment and wealth management
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Maine home prices up 25% in June as hot market continues

Maine's hot real estate market continued to drive up price tags on single-family homes in June, according to data released Thursday by the Maine
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Mortgage Rates – Freddie Mac

Primary Mortgage Market Survey®. U.S. weekly averages as of 07/22/2021. 30-Yr FRM. 2.78%.
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Warren, Brown Criticize Powell's Approach on Bank Regulation

Senate Banking Chair Sherrod Brown and Senator Elizabeth Warren kept up criticism of Federal Reserve Chairman Jerome Powell over his stance on
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Dallas area is a top market for new rental home communities

Demand for housing is fueling a boom in building of single-family rental homes in North Texas and across U.S.. Tennessee-based
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Online banking and gaming services hit by internet outage

Major online banking services – including Barclays, TSB, the Bank of Scotland, Tesco Bank and Sainsbury's Bank – were either entirely or partially
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20 People to Know in Banking: Ashley Duncan

The pandemic accelerated some trends — prior to Covid-19, over two-thirds of our retail clients were already using mobile and online banking. Adoption
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Cherre and HazardHub Announce Partnership to Integrate Geospatial Risk Data into Real Estate …

NEW YORK, July 22, 2021 /PRNewswire/ — Cherre, the industry's leading real estate data management and analytics platform, today announced a
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Homebuyers should rent and wait out the housing boom, experts say; high prices set a record in June

“The across-the-board increase in the premiums paid for housing throughout the state is very worrisome,” Ken H. Johnson, real estate economist and
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Canadian cities to see a wave of real estate market normalization this summer and fall

According to Engel & Völkers, this is a key luxury market trend to watch. “After an unprecedented run, premium real estate markets are normalizing
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IDB Bank Hires Mitchell Barnett to Strengthen its Commercial Banking Offering within the Apparel …

Mitch brings a vast range of expertise in all areas of banking and finance … the Bank's growth initiative in the apparel and consumer products sector.
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India considering phased roll out of central bank digital currency

India's central bank is considering launching a digital currency, according to a top executive, giving a clear indication of its intentions for the first time
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Uber Acquires TPG's Freight Company Transplace for $2.25 Billion

Uber Acquires TPG's Freight Company Transplace for $2.25 Billion

Bloomberg reported in February that TPG was considering a sale of Transplace for about $1.8 billion. What Bloomberg Intelligence says: “This is
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Real estate market to touch $1 trillion by 2030, housing demand revives despite COVID-19 …

About 67,000 real estate projects and 52,000 property agents are registered under RERA. Real estate authorities set up under this law have cleared
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Fortune Brands Home & Security (FBHS) Earnings Expected to Grow: What to Know Ahead of Next …

Wall Street expects a year-over-year increase in earnings on higher revenues when Fortune Brands Home & Security (FBHS) reports results for the
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Why Nikki ASH Winning The Raw Women's Title Was The Right Call (& Why It Wasn't)

Defeating Charlotte Flair to win her first-ever title with the company, she was able to close the first Raw back with a live audience standing with the title
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Canada: Understanding Title Insurance In Ontario

The insurance related to this protects residential or commercial property owners and lenders from losses related to the title or ownership of the property.
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HSBC, StanChart halt new loans to two HK projects by Evergrande, brokers say

The three brokers said the banks had halted lending to two residential projects in Hong Kong that were scheduled for completion in August and
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Southwest Sees Milestone After Booking Unaided June Profit

A portion of this story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a
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Is there such a thing as a 'good' carbon offset?

This is too slow when we need to halve global emissions by 2030 to … Coalition (GCC), a new international collective of commercial art galleries,
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Southern Pipe and Supply voted best place for millennials to work

to the Fortune list. To be considered for this. honor, companies must. submit an application doc-. umenting over two hundred.
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Bloomberg Wealth: Delta Rattles Markets, Return to Work

Bloomberg Wealth: Delta Rattles Markets, Return to Work … Markets have recovered over the past few days, and many retail investors — particularly
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Alibaba: Buying Growth To Keep The China Dream Alive

As long as foreign investors have been willing to support a rising share price, Alibaba has functioned as a speedy channel for Chinese people with
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Nordea Says 90% of New Money Now ESG as Wealth Unit Hits Record

Bloomberg Intelligence estimates that the market for ESG assets will … been overhauling its asset management unit for several years with a view to
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De Beers Group consolidates leadership in management shakeup

Liu has worked at De Beers Group for 13 years and has played a “key role in the global development of the De Beers Forevermark business,” said the
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Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend

Ayres/Oak Insurance offers various competitive commercial and consumer insurance products. Oak Title Services offers commercial and consumer
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EV Battery Maker SES Agrees to Go Public Via Ivanhoe SPAC

… entity will get as much as $476 million in gross proceeds, according to a statement Tuesday that confirmed an earlier Bloomberg News report.
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JPMorgan profit surges on investment banking boost

The bank's net income rose to $11.9 billion, or $3.78 per share, in the quarter ended June 30, from $4.7 billion, or $1.38 per share, a year earlier.
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Here's Why We're Wary Of Buying Micro Focus International's (LON:MCRO) For Its Upcoming …

Last year's total dividend payments show that Micro Focus International has a trailing yield of 3.2% on the current share price of £4.022. Dividends are a
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Today's Mortgage Rates: July 13, 2021—Mortgage Rates Hit Near Rock Bottom Lows

Mortgage rates fell today and remain at historical lows. The average rate on a 30-year fixed mortgage is 3.07%, according to Bankrate.com.
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Didi Backer Temasek Optimistic on China Amid Tech Crackdown

… now as we've been hearing,” Hamiyeh said, when asked by Bloomberg Television about the potential decline in U.S. listings for Chinese firms.
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'Inaction Figure' campaign takes aim at traditional home loan lending industry

The 'Inaction Figure' symbolises the frustrations Australians experience with traditional lenders when it comes to homeownership and refinancing.
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