Acclaimed economist Atif Mian sees the growth of household debt as the core economic problem …

Instead, it is the component of credit that is going to the household side, largely for financing some kind of demand, typically some kind of durable good, housing being the obvious one, but it could be cars or home equity that are being then used to finance other forms of consumption. That is a very
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Federal Reserve Bank of San Francisco President John Williams is the leading candidate to replace William Dudley as head of the New York Fed, the Wall Street Journal reported. Williams, 55, has led the Fed's 12th district bank since 2011, when he took the reins from Janet Yellen, who ultimately went
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Preliminary results from the Nebraska Farm Real Estate Market Survey released by the University of Nebraska-Lincoln revealed that Nebraska Panhandle agricultural land declined in value for the reporting year ending Feb. 1, 2018. The average farmland value in the region is estimated to be $720 per
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… and is an institution of the Financial and Prudential Group. The Bank operates through two segments, Commercial Banking and Global Wholesale Banking. The Company conducts its operations by means of portfolios such as commercial, investment, lending and financing, mortgage lending, leasing,
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UK), its global equivalent. “China is the largest net buyer of oil and [other petroleum] products,” says Seymour, and is intent on securing enough energy for its needs. In 2017, China imported 8.4 million barrels of oil a day, versus 7.9 million for the U.S., according to the Energy Information Administration.
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… clear and old-fashioned: too much borrowing, by homeowners and bankers; too much government interference, particularly policies that for decades pushed homeownership at the expense of prudent financing; too little oversight of quasi-governmental entities, primarily Fannie Mae and Freddie Mac,
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If you simply can't pay the full amount of your back taxes, consider refinancing your mortgage and using the equity in your home, a consolidation loan is possible which can include tax arrears and other debts. I have access to lenders that will allow a refinance to pay outstanding CRA debt or second
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TPG Specialty Lending logo Guggenheim Capital LLC reduced its position in shares of TPG Specialty Lending Inc (NYSE:TSLX) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 567,066 shares of
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These sales are part of a wider trend that has seen some housing associations sell off social housing in high-value inner city areas in order to fund new developments, which tenants claim are frequently let at close to market rents, or even sold on the open market to private buyers. One, the country's
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Ladder Capital (NYSE: LADR) and Blackstone Mortgage Trust (NYSE:BXMT) are both finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, profitability, analyst recommendations, institutional ownership, earnings, dividends
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'Most Interesting Man' to Judge Best Beard Contest. The man who made his fame as the “Most Interesting man in the world” while pitching Dos Equis beer is lending his expertise with his perfectly groomed beard to judge a charity contest that is looking for Vermont's best beard. March 24, 2018, at 12:02
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TPG Specialty Lending logo TPG Specialty Lending Inc (NYSE:TSLX) Director John Ross purchased 5,000 shares of the business's stock in a transaction on Tuesday, March 6th. The shares were acquired at an average price of $18.40 per share, with a total value of $92,000.00. Following the purchase
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Important news for shareholders and potential investors in Capstead Mortgage Corporation (NYSE:CMO): The dividend payment of $0.16 per share will be distributed into shareholder on 20 April 2018, and the stock will begin trading ex-dividend at an earlier date, 28 March 2018. Is this future income a
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The Fiji Institute of Bankers (FIB) recongised some members on Thursday with lifetime awards for their tremendous hard work that helped boost the sector. FIB president Saud Minam acknowledged all 40 awardees for their distinguished dedications and meritorious services to the banking industry and
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Indiabulls Real Estate announced that the company's WOSs, pursuant to their Board authorizations, have executed transaction documents with the entities controlled by the Blackstone Group L. P., which is a globally renowned real estate private equity investor, to divest their entire holding in certain
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It is not the first time in the world that banks are collapsing, but what the above point by the BoG means is that our banking system didn't learn anything from the US example of 2008 which affected the likes of Lehman Brothers, Merrill Lynch, AIG, Freddie Mac, Fannie Mae, Fortis, among other financial
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The U.S. Senate has passed legislation meant to spur economic growth that includes an effort to protect service members from predatory lending. The Economic Growth, Regulatory Relief and Consumer Protection Act was approved by a bipartisan group of senators earlier this month. The bill includes
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Demonstrating proof of concept is the surest way I know to secure sufficient capital from investors and lenders. I've been involved with scores of new endeavors. The entities still alive and thriving today all shared common characteristics. The founders had a clear vision, and they developed a thoughtful
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We all know the empty nesters who feel “trapped” in a home that is too big for them and a growing family bursting at the seams trying to maximize their starter rental homes. One family clogging up affordable housing stock that would be more appropriate for a family of four and the other left with little
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There were significantly more transactions in January than the same period in 2017 — 143 this year and 122 in 2017. But the value of those transactions dipped by about $16 million. That doesn't mean prices have declined — far from it. And Slifer Smith & Frampton Real Estate Vice President Shawna
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