How AI Is Powering Modern Banking Transformation

How AI Is Powering Modern Banking Transformation

AI is enabling digital transformation across the financial services industry, from fintech and investment firms to commercial and retail banks. With AI
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Sila banks $13M to offer single API for developing financial products, services

Whereas it took Karkal three years to get bank processes set up for other companies, it took Sila 18 months. Its banking APIs enable developers to create
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How community-minded residents are lending a hand to a Glencoe farmer in need

Several area farmers harvested hay for Dwight “Dee” and Gail Smith of Glencoe area. In a tradition that was started more than years ago, area farmers in
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Amid the Pandemic, Foreign Buyers Spent $20 Billion Less on US Real Estate

Home purchases by international buyers and recent immigrants plummeted 33% … “There will still be a lingering impact on foreign buying in 2022.”.
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Ingham County Homeowners Can Get Help With Their Mortgage

The program is called the Ingham County Emergency Mortgage and Utility Assistance Program. How much you ask? About $1 million has been set
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Les Deux Spring 2022: Dualité

Building on the heritage of the classic wool coat – a pillar within the world of menswear, we have created a piece of outerwear that represents the Les
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A Financing Gap is Leaving Some BFR Investors Behind

“Lenders have been assuming lease-up risk, with even life companies considering bridge lending at certificate of occupancy,” the report states. share on
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Atlanta's Atlantic Capital Bank to merge with Florida's SouthState in $542M deal

Atlanta will be SouthState's largest single market with $5 billion in assets and will become SouthState's Corporate Banking headquarters, the company
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How AI can pave the way for next-gen banking and finance

A recent report from the Reserve Bank of India responding to an RTI petition related to bank fraud has shown that the banking and financial services (
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Capstead Mortgage earnings preview: what Wall Street is expecting

On July 28, Capstead Mortgage is reporting earnings from the last quarter. 2 analysts estimate that Capstead Mortgage will report earnings of $0.155
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Blackstone Mortgage Trust, earnings: here's what Wall Street expects

Blackstone Mortgage Trust, is reporting latest earnings on July 28. 9 analysts are expecting earnings of $0.596 per share compared to earnings of
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UPDATE 1-FTSE 100 falls as energy, banking shares drag

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window). * Banks drop on lower bond yields.
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'Banking While Black' In Pacific Beach

A lawyer who spent nearly 2 decades in the finance industry claims he was treated with racist behavior at a local bank. He went into the bank hoping to
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FDIC seeks public comments on mortgage servicing rule

The proposal would amend the rule that governs coverage for mortgage servicing accounts to allow principal and interest funds advanced by a
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Final mortgage, loan and credit card Covid payment holidays to end this weekend

The Financial Conduct Authority (FCA) said customers could apply for a payment break for mortgages, credit cards, personal loans, payday loans, buy
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IPOs are on track for a record year as companies cash in on sky-high stock prices

“We attribute much of it to a decades-long buildup of unicorns and VC funding.” Companies from stay-at-home tech to health care innovators to e-
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Trumark Homes Announces Two New Home Communities at River Islands

LATHROP, Calif.–(BUSINESS WIRE)–Award-winning California homebuilder Trumark Homes today announced it will develop two new home
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Colliers Mortgage Provides Refinancing for Two Metro Little Rock Apartment Communities

Colliers Mortgage has provided two separate Fannie Mae Loans for the refinancing of Bay Pointe Apartments and Millwood Apartments, two
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Global Coffee Shops Market Report 2021: COVID-19 Crisis Leaves Coffee Shops Struggling to …

After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Other Products segment is readjusted
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Housing boom is over as new home sales fall to pandemic low

The median price of a newly built home in June rose just 6% from June 2020; The inventory of new homes for sale jumped from a 5.5-month supply in
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Credit Suisse Brain Drain Hits Investment Bank in Top Deals Year

Credit Suisse Brain Drain Hits Investment Bank in Top Deals Year

… losing out on valuable deals in one of the hottest merger markets in years. … and financial services — according to data compiled by Bloomberg.
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Traditions Bancorp, Inc. Reports Second Quarter 2021 Earnings

Gains on the sale of mortgages remained strong at $2.9 million for 2Q21 versus $3.0 million for 2Q20. Residential mortgage loans sold in 2Q21 were
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When will the topsy-turvy local real estate market calm down?

The Kansas City housing market is intense, with soaring prices and limited availability challenging the city's reputation for affordability. Nationwide
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WRAPUP 1-US new home sales drop to 14-month low in June

New home sales fell 6.6% to a seasonally adjusted annual rate of 676,000 units last month, the lowest level since April 2020, the Commerce Department
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Foreign investment in US housing market falls to a record low

The U.S. housing market was a bright spot during most of the COVID-19 pandemic, but it didn't get any help from international buyers, many of whom
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[Webinar] E-Discovery Unfiltered 2021: Understanding E-Discovery Buying Preferences

Join legal industry analyst Ari Kaplan, who will be presenting key buying … KayQueue LLC and, before that, notable global public advisory firms.
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SHOP TALK: Cool tools, great books, housing stats and other helpful news for homeowners

SHOP TALK: Cool tools, great books, housing stats and other helpful news for homeowners. Florida Times-Union. “Made for Living” by Amber Lewis
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Knorish Raises $1.1 Mn For Enabling Coaches, Instructors And Organizations

The whole approach around which the business is built got us interested to … For American companies of all sizes, exporting to international buyers
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My Girlfriend's Closet: Uche Ajene discusses adoption of sustainable fashion in Nigerian Fashion …

The world's trends are changing, and the fashion industry is not an … However, while this is a positive adoption, people still enjoy buying foreign
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Best Bad Credit Loans with Guaranteed Approval in 2021

Most lenders require you to have a good credit rating before they trust you with a loan. After all, why should they lend you money if there is not a good
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WSFS Bank Receives OCC Approval to Merge with BMTC

WILMINGTON, Del., July 26, 2021 (GLOBE NEWSWIRE) — WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank,
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Uranium Mining's Long History On The Arizona Strip

So the government shuttered its buying stations. The price of uranium was set by the international market. “By '71 uranium was a wholly commercial
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Housing Market's Supply Gains Momentum

A new Redfin report reveals that the housing market's supply side is slowly rebuilding as more homes for sale become available and pending sales
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Real estate giant acquires Clayton County project, as Atlanta warehouse rents surge

Industrial rent growth in the Atlanta market is up nearly 8% over the same time period, jumping 4.7% from the first quarter, according to data provided by
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Global Gold Bullion Market Expected to Reach USD 115175.8 Million by 2027, With a CAGR Of …

Offline distribution channel involves local gold bullion dealers and shops. These shops allow buyers to assess the gold bullions prior to purchase. Offline
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LendKey Appoints Joe Proto to its Board of Directors

LendKey, the fintech company on a mission to make lending simpler, announced today the appointment of Joe Proto, EVP Senior Advisor at
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Angel Oak Companies to Acquire Canadian Startup Covience

Angel Oak Companies is a leading vertically integrated asset manager delivering innovative mortgage and consumer credit solutions. Through its
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6 Credit Unions, CU*SOUTH Hire & Promote Employees

Souza has over 17 years of lending experience and most recently served as a senior mortgage loan officer at the $1.2 billion St. Anne's Credit Union in
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When will investors care about Endo International plc (ENDP), Intellia Therapeutics Inc. (NTLA)

For stock market investors that means buying up cheap small cap stocks … In the most recent purchasing and selling session, Endo International plc
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What happens when a home builder can't find a microwave?

The housing market has been red hot. But now, in some areas, according to National Association of Home Builders chief economist Robert Dietz,
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US Housing Market Resumes Growth Journey: 4 Funds to Tap

US Housing Market Resumes Growth Journey: 4 Funds to Tap

FRINX invests majority of its assets in common stocks of REITs as well as securities of companies principally engaged in the real estate industry and
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Residential Properties Announces Record 1st Half in 2021

“With this in mind, let's take a look at how these changing times have shaped our local real estate markets throughout the opening six months of the
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Winning bidder at tax sale can't void its own title

A company that placed the winning bid for a piece of property at a tax sale in York County won't be able to use the quiet title doctrine or claim unjust
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Path to prosperity in a post-Covid CRE economy: 4 experts discuss

A recent webinar hosted by Reonomy delved into these topics, looking at where the pandemic has left the commercial real estate market economically
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Texas is still a top target for foreign home buyers

Foreign buyers purchased $54.4 billion in U.S. residential real estate in the year ended this March — 27% less than in 2020. Foreign purchases of U.S.
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Burned by the hot housing market, some buyers back off

The first house was in Midvale, Utah — a three-bedroom, just over 2,100 square feet, listed for $479,000. Rob Ettaro and his girlfriend, Kaliana Veros,
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Davison Art Center Lends Rare 16th-Century Print to the Met

The DAC is lending a rare 16th-century print commemorating Medici rule over Tuscany. The Met requested the work in early 2020. “I find this stuff
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Tesco to Close 213000 Current Accounts to Streamline Bank Unit

Tesco Bank will close all personal current accounts by the end of November as its retailing parent company scales back its foray into banking. The unit
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Balancing the housing market in Peoria

Balancing the housing market in Peoria. As many as 2,600 lots in some form of entitlement for northern part of city. By Philip Haldiman Twitter: @
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How to Get Auto Insurance for Salvage Vehicles and Rebuilt Titles

By definition, a car will have a salvage title if an insurance company declares it a total loss. With a salvage
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Comedian Sebastian Maniscalco to perform at Rocket Mortgage FieldHouse

CLEVELAND, Ohio – Tickets go on sale this week for comedian Sebastian Maniscalco's show at Rocket Mortgage FieldHouse. The Cleveland stop for
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Amazon Upgrades Luxury Marketplace With Glossy Ads Aimed At Designers, Customers

Though it is no longer invitation-only, Luxury Stores customers still have … designers all over the world to access existing and new luxury customers.
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Stepping Up to Meet Low-Income Countries' Pandemic Recovery Needs

Three-quarters of the new lending came from the Poverty Reduction and Growth Trust (PRGT)–the IMF's vehicle for zero-interest loans to low-income
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Central Florida homes for under $200000? It can be done, depending on where you look

Even as a real estate agent, finding a home in Central Florida's housing market wasn't easy for Christine Plant. She began looking in April when the
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New Home Sales Slip 6.6% in June

The housing market is constrained by limited supply and high prices. By Tim Smart. |. July 26, 2021.
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Hybrid Physical-Digital Buying Experiences Lead Post-Pandemic Trends

In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as
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US new home sales drop to 14-month low in June

Economists polled by Reuters had forecast new home sales, which account for a small share of U.S. home sales, increasing 3% to rate of 800,000 units
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This Expert Expects a 15% Drop in Office Demand

Overall, commercial real estate prices have risen 8% in 2021 July, … He sees a substantial cash flow rebound coming in senior housing and lodging.
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Maine tries to solve affordable housing problem in a supercharged housing market

Plus, the hot housing market provides possible outs for those who cannot. Those features distinguish this recovery from the one after the Great
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DC home prices hit another record high (but payments are cheaper)

The median price of a house, row house or condo that sold in D.C. in June was $700,000, the highest median selling price for the District on record.
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5 Steps to Becoming a Local Real Estate Market Expert

5 Steps to Becoming a Local Real Estate Market Expert

Real estate, like politics, is all local. When buyers and sellers … Stay ahead of the most current local real estate market trends. Curating content about
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Current Mortgage Refinance Rates — July 26, 2021: Rates All Drop

Compared to the 30-year loan, your monthly payment will be $235.00 higher per $100,000 in mortgage principal. Your interest savings, however, will
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Jets' recent draft fortune spotlights how crucial timing is to building a Stanley Cup contender

That Ehlers and Connor fell to Winnipeg was good fortune, seized and consolidated by Winnipeg's scouts. That the Jets won the Laine lottery was great
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Ms. Cheap: Now you can check out original art from the Nashville Public Library

The new Metro Arts Lending Library is a collaboration between the Nashville Public Library and the Metro Arts Commission in which library card
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Fitch Revises Outlook on Swedbank to Positive; Affirms at 'A+'

… towards Swedish low-risk residential mortgages, property management, … in Swedish mortgage lending after several quarters of weak performance.
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Low Home Appraisal? What to Do if You Suspect Discrimination

After her mortgage refinance loan closed, Duffy contacted the nonprofit Fair Housing Center of Central Indiana and in May filed complaints with the
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Starling Bank makes first acquisition with £50m deal for mortgage lender

Deal for Fleet Mortgages comes as part of Starling's strategy to ramp up lending through M&A … Starling's acquisition of Fleet marks the fintech firm's first
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Gateway Surveyors partners with remote valuation technology provider CoreLogic

IMLA: Mortgage and housing COVID recovery to remain strong. kate davies imla. Gross mortgage lending is projected to total £285bn for 2021 – the
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Four-bedroom, two-bathroom condo in Southeast lists for $220000

… each other in an expensive housing market like Washington, D.C. Families … The monthly condo fee is $706 and annual property taxes are $454.
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At least 67% of $100 billion loans to Indian real estate is stress free

The overall contribution of NBFCs and HFCs (including trusteeships) towards the total lending to Indian real estate is at 63%. Individually, banks
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The Climate Service and Nuveen Launch Climanomics® Market View

Building on the foundational work of Heitman and the Urban Land Institute presented in their joint report entitled Climate Risk and Real Estate: Emerging
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Gov't changes fail to put off landlords

Another selling point of a second-charge mortgage, and one that's all too often overlooked, is just how quickly it can be arranged. At Evolution Money, it's
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The Dearth-of-Safe-Assets Era Is Over

But sometimes it turns out the safe assets from the private sector aren't so safe, like we saw with mortgage-backed securities in the 2008 housing market
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UK digital bank Starling buys lender Fleet Mortgages

LONDON, July 26 (Reuters) – British digital bank Starling said on Monday it has acquired specialist buy-to-let mortgage lender Fleet Mortgages in a 50
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Japan Data Center Colocation Services Market Report 2020-2027 – Increasing Enterprise Cloud …

… power supply requirements for new data centers, rising costs of construction, manpower, power, and real estate, and land acquisition challenges.
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Freedom Bank Celebrates 20th Anniversary

FAIRFAX, Va., July 26, 2021 /PRNewswire/ — The Freedom Bank of Virginia (“Freedom Bank”) is delighted to announce and celebrate with our
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Re-thinking property tax reporting can help meet lenders' need for speed

With lender partners investing billions in point of sales (POS) solutions enhancements and digital mortgage processes, the title industry and its critical
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Condé Nast College collaborates with online learning platform FutureLearn

… and The Business of Beauty. Condé Nast College of Fashion & Design CEO, Nick Isles, says: “Being able to take advantage of FutureLearn's global
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5 Best Emergency Loans For Bad Credit in 2021

Note: By calling these platforms “loan-lending,” we are not inferring these websites will directly lend you money. They just work to connect to you many
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Peak Fintech Begins Acquisition Process of Banking AI Software Provider Zhongke with Transfer of …

(CSE: PKK) (OTCQX: PKKFF) (“Peak” or the “Company”), an innovative Fintech service provider to the Chinese commercial lending sector, today
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Meet Michigan's 'Go To Lawyers' for real estate, condominium law

Meet Michigan's 'Go To Lawyers' for real estate, condominium law

Michigan Lawyers Weekly is pleased to introduce the third group of honorees in our program recognizing the leading lawyers in a particular field of
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EDB rolls out Dh10m co-lending drive for SMEs

The Emirates Development Bank announced on Monday the launch of a credit guarantee and co-lending programme that facilitates up to Dh10 million
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San Diego Man Says He Experienced 'Banking While Black' In Local Bank of America Branch

John Pittman III gave up trying to cash a $12,000 insurance settlement check at the Bank of America in Pacific Beach early last year after a branch
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Kuwait central bank chief calls for reforms to ensure stability

The governor said on Monday Kuwaiti banks' liquidity was healthy and profitability remained decent despite the economic challenges posed by the
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Real estate sector loans worth $18 bn under severe stress: Anarock

Around USD18 billion loans of the overall lending to the real estate sector by banks, NBFCs and housing finance companies (HFCs) are under
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Fitch Affirms National Bank of Bahrain at 'B+'; Outlook Stable

NBB is a systemically important retail bank in Bahrain with a strong domestic franchise, accounting for 20% of the retail banking sector's domestic assets
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eXp Realty Exceeds 60000 Real Estate Agents Globally Milestone Represents 85% Year-over …

Kanoa Biondolillo and his 16-person team joined eXp México in January 2021. Baja 123 is one of the largest independent real estate teams in the state
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Old Second to buy West Suburban Bank

The parent of Old Second National Bank plans to buy the parent of West Suburban Bank in a cash-and-stock-deal, the companies announced this
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Monday's business headlines

The average rate on a 30-year fixed-rate mortgage sank this week in Freddie Mac's weekly survey to 2.78% – slightly above January's record low of
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SUPERIOR COURT OF NEW JERSEY CHANCERY DIVISION ATLANTIC COUNTY DOCKET NO.

… title and interest is defendant, pending in the Superior Court of New Jersey within 35 days after July 26, 2021, the date of publication, exclusive of
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Helping Family Was Hurting My Bank Account. Here's How I Found The Right Balance

My first step was saying no to lending money to relatives outside my immediate family. This helped me reclaim power and control over my own finances,
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Vegan fast casual hotspot By Chloe rebrands as Beatnic

“We wanted a name that was reflective of the brand's personality,” Beatnic president Catey Mark Meyers tells Fortune exclusively. “Beatnic captures
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Banking & Finance Roundup: US Century Bank seeks to raise $40M through IPO

U.S. Century Bank, one of South Florida's largest community banks, is preparing to go public with a $40 million initial public offering of Class A
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Multifamily Housing Demand Continues to Increase

One big part of the intense action in the housing market is the increased demand for multifamily dwellings. Romano Capital knows the Clark County
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Exelon Joins Electric Highway Coalition; Encourages EV Adoption

Exelon, a Fortune 100 energy company, announced today a commitment to join the Electric Highway Coalition, a partnership among 14 U.S. utilities to
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Real estate in the delta quadrant

World over there is a real estate boom. The sector has seen fiery demand for housing partly fueled by hedge fund dollars with returns coasting in
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Slate Asset Management Announces Final Close of Slate Real Estate Capital I to Complete US …

CHICAGO–(BUSINESS WIRE)–Jul 26, 2021–. Slate Asset Management (“Slate”), a global alternative investment platform focused on real estate,
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Speedefy's KX450 Is Your Route To WiFi 6 Without Spending A Fortune

At the heart of the Speedefy KX450 is a Broadcom 1.5GHz quad-core CPU that ensures the router runs fast enough to reach those new 802.11ax
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Fine-Tune Your Real Estate Exposure with 'REIT'

While the real estate sector is well back from its coronavirus trough of 2020, some market observers point to a sector with both compelling
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IPOs and Acquisitions: It's a Great Year to Be a Startup

wrote angel investor Dan Scheinman in an email to Bloomberg, and who wouldn't be drawn into … “So I don't try and time public markets much.
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Benefit Street Partners Realty Trust and Capstead Mortgage Corporation to Merge

Benefit Street Partners Realty Trust and Capstead Mortgage Corporation to Merge

Franklin BSP Realty Trust will be the 4th largest commercial mortgage REIT with nearly $2 billion of pro forma equity. Transition to BSPRT's strategy of
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Polish firms break barriers with foreign acquisitions

Small but rising FDI. “Poland overall is not a big investor on foreign markets,” Marek Wasinski, head of the foreign trade team at the Polish Economic
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Finalising Basel III is crucial for the EU banking sector

European Union banks have weathered the pandemic crisis reasonably well. Most of the credit goes to the regulatory and supervisory changes that
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EUROPEAN MIDDAY BRIEFING: Stocks Fall After Downbeat Asia Trading

Hong Kong-listed education stocks skidded after educational training institutions were banned from raising money in the stock market and foreign capital
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FTSE falls as Bitcoin rallies – live updates

International Consolidated Airlines Group SA. Day … prices have sunk with international buyers locked out of Britain, but experts warn it won't last long.
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Dorothy Ma

Dorothy Ma is a reporter for Central Banking, covering the Asia-Pacific region from Hong Kong. She previously held the regulatory and ECM beats at
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Russian central bank lifts 2021 banking sector profit forecast

MOSCOW, July 26 (Reuters) – Russia's central bank on Monday said the banking sector's net profit this year could exceed 2 trillion roubles ($27
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Pepper Money ups LTV for BTL offering and cuts rates

… range and made several rate cuts across residential and BTL mortgages. … it easier for brokers to find solutions for their specialist mortgage cases.
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Top things you should know before co-applying for a home loan

3. Tax benefits. Section 80C and 24b of the Income Tax Act offer some tax benefits to borrowers on home loans. Co-owners, who are also
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Ritchie Bros. sells US$50+ million of equipment in July Fort Worth auction

… while the remaining 10% was sold to international buyers from as far away … Mr. Roberson continued, “The pandemic has made online buying more
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Community Bank System Reports Second Quarter 2021 Results

Banking-related noninterest revenues increased $1.2 million, or 8.6%, over the prior year's second quarter, while the Company's financial services
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Morning Coffee: Ex-Goldman Sachs trader says junior bankers have it easy. Recruiter refuses to …

With all the fuss about junior banker working hours, people in other areas of investment banks have been overlooked. – What about the IT staff in India
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Here's What the Business in Faulconer's 'Businessman' Ballot Title Refers to

The “businessman” designation refers to his part-time role providing strategic advice to a newly formed company run by his former chief of staff. Andrew
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Athens' old airport rivalling New York in property prices

Athens' old airport rivalling New York in property prices. Eleni Chrepa and Sotiris Nikas. Jul 26, 2021 – 2.08pm.
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IMLA: Mortgage and housing COVID recovery to remain strong

Gross mortgage lending is projected to total £285bn for 2021 – the highest level of lending since 2007, according to the Intermediary Mortgage
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Local cannabis shops cheer on NC medical marijuana bill, but share one big concern

Big banks in Charlotte — Bank of America, Wells Fargo and Truist — all told the Observer that they adhere to federal law and don't do business with
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UK Broker Group Plots EU Growth With New Dublin Base

Since joining Ardonagh, Arachas has made two acquisitions — broker … of Bravo Group, which will make international acquisitions outside Europe.
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The Delta variant throws a wrench in companies' return to the office plans

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. The highly contagious Delta variant is sweeping through
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M&G launches sustainable version of flagship $77 billion PruFund

… Britain, currently manages around 56 billion pounds on behalf of 455,000 customers and invests in markets from stocks to bonds and real estate.
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Singapore Eyes Starting Quarantine-Free Travel in September

Already, the city-state has given at least one dose to about 75% of the population, which ranks eighth on the Bloomberg global vaccine tracker overall
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Bairong Inc. Releases Inaugural Environmental, Social and Governance Report for 2020

Bairong Inc. Releases Inaugural Environmental, Social and Governance Report for 2020

… marketing and customer acquisition with pre-lending fraud prevention, dynamic early warning during lending, and post-lending full process services.
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Yes Bank Staying Away From Lending To Covid-Hit Sectors This Fiscal, Says CEO Kumar

Yes Bank Ltd. will stay away from lending to sectors most impacted by Covid and will focus on improving asset quality even as the private lender
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Specialist lender Together creates 100 jobs in major recruitment drive

A Greater Manchester-based specialist lender has said it will hire 100 new staff in a major recruitment drive. The group, which provides mortgages and
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Tencent Investor Prosus Slumps Amid China's Ed-Tech Crackdown

I'm sure many are questioning Chinese stock markets as a viable investment destination.” Read More. China to Overhaul Education Sector 'Hijacked by
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The rental housing market is heating up again – a worrying sign for affordability

After a pandemic-induced reprieve in rental housing markets across Canada, many cities are hurtling back to tight market conditions with meagre
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Scottish Mortgage Investment Trust slides amid Tencent troubles

… are also causing a ripple effect across several China and emerging markets-focused investment firms, including Scottish Mortgage, which was down
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What, Exactly, Is Being Disrupted In The Real Estate Community Right Now?

Long after the M&A headlines and IPO announcements, what's changing the industry at the individual consumer level? First and foremost, I believe it's
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Olympics: Adam Peaty Defends 100 Breast Gold, Arno Kamminga Gets Silver

One entered without a major international final to his name in his mid-20s. … changed this last year – more than the last five – becoming a father, buying my first house. … Peaty has also won three consecutive World Championships.
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Fitch Rates China Construction Bank's Jianyuan 2021-9 RMBS at 'AAA(EXP)sf'; Outlook Stable

High-Quality Mortgage Pool (Positive): The portfolio consists of full-documentation and fully amortising mortgages. The loans are seasoned and are 69
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Loan limits cool the property market but help the big banks

The previous restrictions reduced home lending to investors and interest-only mortgage customers and improved the safety of the financial system, three
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New Biden mortgage relief plan cuts payments by 25%

According to a release from the White House, homeowners with federally-backed mortgages — meaning FHA, USDA, or VA loans — will be able to
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'Last Week Tonight': John Oliver Makes Case For Housing Reparations For Black Americans …

The government would ensure a home loan, which would then relieve some pressure off the banks, which is how the modern home mortgage was born.
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Opinion: How to close the wealth gap from the bottom up

Meanwhile, student loans, Fannie Mae and Freddie Mac and federal home mortgage insurance sought to enable people to borrow their way toward
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Share Market LIVE: Sensex gives up 53000, Nifty falls below 15850; SBI, Reliance Industries top …

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity markets started the day's trade in the red amid mixed global cues but
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Data Confidence Is Commercial Real Estate's New Revolution

Real estate as a global asset class is now predominantly driven by institutional ownership, where pooled capital vehicles, investment management
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Show Me the Money: First time home buying

“Don't wait until you start looking for a home. Start early,” said Katrina Jones. “The mortgage process starts with knowing what you can afford, how much
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Modern Family: A conversation with divorce mortgage specialist Mitch Irwin

The real estate market is on fire and family court cases are not slowing down. We recently sat down with Mitch Irwin, who specializes in mortgages in the
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Local News Briefs: Real estate tax distributions

ZANESVILLE — The Muskingum County Auditor's Office has announced second half of the year real estate tax distributions for entities in Muskingum
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Vicky Schiff Exits Mosaic Real Estate Investors

As part of Schiff's departure, private equity firm Lubert Adler Real Estate Funds completed a significant capital investment into Mosaic Real Estate Credit
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How Foodbank shored up pantry staples in the time of panic buying

The Simplot factory in Echuca makes pasta sauce free of charge for Foodbank, Australia's largest food charity. Since August 2011, Simplot has produced
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Four Factors to Consider when Selecting a Business Lending Platform

Four Factors to Consider when Selecting a Business Lending Platform

With brick-and-mortar branches declining in-person service and clients having to work remotely because of Coronavirus, internet lending has become a
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High construction prices hit Twin Cities Habitat for Humanity, reducing number of new homes

“In the meantime, it's all a challenge … it's hard to plan around volatility.” The rising costs and supply chain issues that have affected the housing market
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Finally, Something Unites Israeli Politicians: Ice Cream

So the news last week that ice-cream maker Ben & Jerry's was boycotting sales in East Jerusalem and the West Bank – territories it says should not be
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Overdraft fees are big money for banks — and some depend on them more than others

Banks can boost overdraft revenue in a number of ways. One way has to do with how banks process payments. Some re-sequence checks and debit
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REAL ESTATE PEOPLE: Couple join Michael Saunders office on Longboat Key

… joined the Longboat Key South office of Michael Saunders & Company … the closing side of the industry, working for First American Title Insurance.
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Forget unicorns, OneVentures has a start-up dragon

… bestows the title of “dragon” on any one company that performs so well that it pays back an entire fund on its own, which Employment Hero now has.
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China crackdown sinks Asia

Perversely, one beneficially of China's trampling of domestic and international investors across a broad battlefront could be US equities markets.
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VN-Index shows marginal climb

Trading value on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, plunged nearly 17 percent to VND16.14 trillion ($702 million).
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Banks Really Don't Like Biden's Push to Make It Easier to Move Your Money

And the major American banks, to say the least, are not pleased. … then fintech companies taking an innovative approach to banking and consumer
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What Slowdown? Freddie Mac Expects Housing Market to Remain Strong For 2021

In addition to low mortgage rates, the market is being propelled by disposable after-tax income that has risen during the current recession and a major
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Evoplay unleashes new title Bonanza Wheel

Innovative developer tests audience's reflexes in challenging new title. Game development studio Evoplay has announced the launch of its latest
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Hyperdrive Daily: The Jon Snow of China's Electric Car Market

The cheap, tiny cars are popular with elderly drivers. Photographer: Bloomberg News. What that means is that low-speed electric vehicles and the
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'Old standards don't work': 4 things Wisconsin communities can do to increase affordable housing …

That included zoning changes that reduced setbacks and the minimum lot width to allow for more compact development and lower building costs. Large
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Abrupt return to work for some blowing holes in real estate deals

That question was recently posed on Inman Coast to Coast, a public real estate discussion group on Facebook. The answer, of course, is “lots of
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Former Title Contender Returning To AEW Soon

The former AEW Women's World Title contender tweeted the following on Sunday, calling out the company's women's division after revealing she had
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Barclays Overtakes Credit Suisse in Investment Banking

Executives at U.K. bank say collapses of Credit Suisse clients Archegos and Greensill have created rare opportunity to grab market share.
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America's 15 best cities to live in – revealed

… with residents needing to allocate just 22.11% of median household income to rent or mortgage payments, property taxes, and other housing costs.
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Net zero's big challenge for small business

As the world moves toward meeting the net-zero targets set by the Paris Agreement, the role of SMEs is gaining increasingly more attention. And
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Consultants see continued drive towards 'alternative' private debt, including regulatory capital and …

Direct lending is also proving to be appealing to investors. Trusty said: “Direct lending is increasingly being seen as providing a steady income, and
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C&EN's Global Top 50 for 2021

The former DowDuPont agricultural chemical business, Corteva Agriscience, made the cut as well. 1. BASF 2020 chemical sales: $67.5 billion.
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China Bond Rally Gains Momentum as Risks Show Up Everywhere

China Bond Rally Gains Momentum as Risks Show Up Everywhere

A sudden policy change on education companies coming on top of crackdowns on technology firms, curbs in financing for the property sector, and
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6 Global Megatrends That Are Impacting Banking's Future

It is imperative that banks and credit unions embrace an innovation culture, … Because most of the trends impacting banking are dependent on the
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Philips Plots $1.8 Billion Buyback Amid Appliances Windfall

“Hospitals as well as governments are taking measures to shore up health systems,” Chief Executive Officer Frans van Houten told Bloomberg
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New launches in Mumbai residential market increased by 33% in Q2 2021: JLL

This has been on the back of historically low home loan interest rates, stagnant residential prices, lucrative payment plans and freebies from developers
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Bank lending gains momentum in Romania

The financial intermediation improved driven by corporate lending, while the retail lending (mortgage, consumption) keeps growing at a high pace as
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Love and knowledge of island lead to personal service

Belinda Thomas, of Belinda Thomas Realty Inc., has lived on St. Simons … As anyone who keeps up with the current real estate market knows, there
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FTSE 100 falls on weakness in energy, banking shares; virus worries remain

July 26 (Reuters) – Banks and energy shares dragged London's FTSE 100 lower on Monday, with worries about rising inflation and a jump in local
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Rookie Bankers Sour on Wall Street's Pitch of Big Pay and Long Hours

When Vince Iyoriobhe joined Bank of America's investment banking division as a rookie analyst in 2017, he planned to stick around just long enough
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Global Finance magazine names BBVA as The Best Corporate Bank 2021

BBVA has been named the world´s best bank for corporate clients for the second time by Global Finance magazine in its annual awards. Awards that
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Ryanair Has Summer Profit in Sight as Europe Travel Revives

… and seat reservations will help support margins until demand recovers fully, Chief Financial Officer Neil Sorahan told Bloomberg Television.
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Bank of America closing Forest Hill Avenue branch permanently

The bank said the closure is part of its continued efforts to monitor the performance of its retail branches as mobile and online banking become more
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'No justification': Fed pressed to stop pumping cash into booming markets

Lawmakers are warning that the central bank's vast purchases of government debt are feeding financial bubbles. Housing market.
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Affordable Housing Developers Need Customizable Solutions

With rent restrictions inherently built into the business plan, these deals can be difficult to pencil alongside soaring construction costs and land prices.
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Dell's CFO talks transformation, semiconductors—and shortages

The Fortune 50 multinational tech company based in Round Rock, Texas, garnered record financial results for its fiscal first quarter. Revenue was up
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Hedge Funds Seek the Amazon of Cryptocurrencies

Mark Gilbert is a Bloomberg Opinion columnist covering asset management. He previously was the London bureau chief for Bloomberg News.
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The pandemic made Maine's affordable housing problem worse

Neither the statewide median monthly cost of $1,062 for a two-bedroom rental nor the median home price of $255,000 was considered affordable last
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CIIE enters 100-day countdown to opening; more Fortune 500 and global industrial leading …

The expo will kick off in Shanghai from November 5 to 10 this year as scheduled. The number of Fortune 500 and industrial-leading companies
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China Property Management Stocks Slump as Beijing Tightens Grip

Morgan Stanley downgraded its view on the sector to in-line from attractive, saying the prospect of de-leveraging in the sector will be negative for
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Access Control Market to Reach USD 20.02 billion by 2027; Growing Demand for Cloud-based …

Fortune Business Insights in its latest report, titled, “Access Control Market Size, Share & COVID-19 Impact Analysis, By Component (Hardware, Software
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PNC Tries To Slow The Housing Market's 'Runaway Train'

COVID-19 is testing the health of this market, bringing eviction curbs, rent relief and a revived tenants' rights movement. PublicSource and WESA are
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'All-in' 36% rate cap would reduce access to credit for millions

'All-in' 36% rate cap would reduce access to credit for millions

In reality, its impact would extend far beyond payday lenders to the broader consumer credit market to cover affordable small dollar loans (including “
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Banking Central | Which is a safer asset for banks in the pandemic era?

Banks have been trying to de-risk their loans books from lumpy corporate assets, especially in the aftermath of crises such as IL&FS and Yes Bank. The
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JPMorgan steps up as first big US bank offering broad retail crypto funds access

The banking giant told wealth-management advisors that, beginning July 19, they could receive trading orders for five funds invested in the asset class:
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Digital Oilfield Market to Benefit Profoundly; Growing Adoption of Smart Solutions in the Oilfield …

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor
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The Green way of defining AI in Mortgages

AI paves the way for making the loan origination process smarter, error-free, and paperless. The most obvious application of AI in mortgage origination
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Stablecoins come with bank-like risks

Nowadays, widespread distrust of the banks after the 2008 financial crisis has given those opposed to government control over money a new goal: get
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CEO on launching a lifestyle-led real estate show

Entitled Volo, the video platform is being billed as an opportunity for mortgage lenders to improve relations with real estate agents and create
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Seven new skins coming to League of Legends: Wild Rift alongside Akshan on July 27

For real?! Battle Academia Akshan Ruined Draven Ruined Miss Fortune Ruined Shyvana Sentinel Irelia Sentinel Riven Sentinel
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Stock market update: Nifty Realty index advances 0.91% in a weak market

NEW DELHI: The Nifty Realty index traded positive around 09:59AM (IST) on Monday in a weak market. Indiabulls Real Estate (up 2.56 per cent),
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FEATURE-Greener PPE: Inventors tackle COVID-19 plastic waste mountain

… equipment) she hopes will stop tonnes of single-use medical wear ending up in landfill, incinerators and waterways – and save hospitals a fortune.
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What a Hybrid Workplace Means for Banking

One of the most prominent themes Covid introduced to the banking world is the concept of the hybrid workplace. Not all financial institutions are in
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Sydney house prices to soar 21pc: NAB

“NAB has revised up its forecast for house prices in 2021 based on the faster-than-expected growth in prices over recent months,” they wrote.
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China's edtech crackdown is erasing billions from the fortunes of its education tycoons

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Larry Chen, the former school teacher who became one
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Startup of the Week: Beehive – MENA's First P2P Lending Platform

The UAE-based startup is not only the first of its kind platform in MENA, but it's also the first P2P lending platform that is regulated by the Dubai Financial
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China Education Tycoon Loses $15 Billion as Shares Fall 98%

Chen, the founder, chairman and chief executive officer of Gaotu Techedu Inc., is now worth $336 million, according to the Bloomberg Billionaires
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WRAPUP 1-China shares fall as education, property firms tumble on regulatory clampdown

… ordered lenders in Shanghai to raise the rate of mortgage loans for first-time homebuyers followed a statement from the housing ministry on Friday
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China's stock market slumps amid crackdown on education and property – business live

Meanwhile, the Chinese government has also said it will try to sort out irregularities in its property sector within three years. For years many economists
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Lendai lends a hand to foreign investors looking at American real estate

The AI-based financial portfolio lender uses three algorithms to help match non-US residents to US-based real estate. It's a market, according to
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RETAIL REBIRTH

The Business Journal looks at Beverly Hills and Santa Monica, two markets taking different paths to success. … New York-based Silverstein Properties announced plans for a $60 million upgrade to the iconic U.S. Bank Tower.
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What is Kyle Richards' net worth? Exploring the RHOBH star's fortune as she recovers after being …

Exploring the RHOBH star's fortune as she recovers after being attacked by bees in viral video. Modified Jul 26, 2021, 03:31 AM ET. 7 mins ago.
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