Banking royal commission: Fears customers are being shut out from having their say

Banking royal commission: Fears customers are being shut out from having their say

But Jan Saddler, a class actions expert at Shine Lawyers, said it was usual practice for a commission to call for public submissions. “It seems to me that if you're going to undertake an inquiry as to banking practices, financial services practices in Australia, then those people who use those services must
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One Surprising Reason Prince Harry Shouldn't Share His Royal Fortune with Meghan Markle

While each half of the couple is financially set in their own right, Prince Harry is said to be worth $40 million – which is only a fraction of his family's worth, including palaces, jewels, and artwork. Once they have tied the knot, however, the prince is unlikely to share his royal fortune with his American bride
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Original Mouseketeer Doreen Tracey Dies Aged 74

Doreen Tracey, one of the original Mouseketeers on “Mickey Mouse Club,” died this week from pneumonia at the age of 74. Tracey had been battling cancer for the past two years. She appeared on the Mickey Mouse Club from 1955 to 1959. She also appeared in the Disney film “Westward Ho the
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Ophectra Real Estate & Investments Ltd (DMEDF): Shares Climb 40.00%

Taking a much closer look, shares have moved 0.00% over the last week. Investors may use various technical indicators to help spot trends and buy/sell signals. Presently, Ophectra Real Estate & Investments Ltd (DMEDF) has a 14-day Commodity Channel Index (CCI) of 38.89. The CCI was developed
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Moody's upgrades seven tranches from JP Morgan Mortgage Trust 2016-3

New York, January 12, 2018 — Moody's Investors Service has upgraded the ratings of seven tranches issued by J.P. Morgan Mortgage Trust 2016-3 (JPMMT 2016-3) transaction, a prime jumbo RMBS transaction. This transaction is backed by two pools of prime quality, fixed rate, first-lien mortgage loans
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Report: Local credit unions hit new member, lending records

New data from the California Credit Union League finds that 21,000 people became credit union members in the Central Valley in the third quarter of 2017. Fourteen credit unions headquartered Fresno, Kings, Madera and Tulare counties now boast 465,000 “member-owners” — a record high, and up
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TD and CIBC join RBC in hiking mortgage rates ahead of Bank of Canada decision next week

“Factors that we consider when making mortgage rate changes include Bank of Canada rate changes and economic factors impacting the costs to fund mortgages, as well as the competitive environment,” said Cheryl Ficker, senior manager of corporate and public affairs at TD Bank Group, in an email.
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Zelle® Takes Cashless Payments to New Heights

Bank of America today announced record-breaking person-to-person (P2P) payments use, as its customers increasingly make the move to cashless solutions.Bank of America saw total Zelle transactions for 2017 hit nearly 68 million, an 84 percent growth rate from the previous year.
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Real estate roundup: 3 deals to know this week

“With the strength of the Columbus multifamily market and its attractive returns to investors across the nation, we felt this portfolio would be a good fit for an out-of-state investor,” said Seth Asman, senior advisor at SVN Wilson Commercial Group LLC, who represented the seller. “We find the Columbus
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Trump sold $1.5 billion of condos to potential money launderers thanks to this gaping loophole

The Treasury has set up a mechanism that forces title-insurance providers in seven major cities—including big Trump markets such as New York, Miami, and Palm Beach—to tell the government the real identities of all-cash buyers who use shell companies. However, after they pass on that information,
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House price growth expected to rise

The six-bedroom house in St Francis Bay to be auctioned by Van's on site on Wednesday. JOHANNESBURG- The average house price growth is expected to be slightly stronger this year after three years of slow annual growth, said FNB yesterday. John Loos, an FNB household and property sector
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Commentary: Spotify's Unusual IPO Came at the Perfect Time

If Spotify's non-IPO goes forward this spring, it will be unusual in that it will be a “direct listing,” wherein the current shareholders will sell their shares directly to the retail-investing public on the NYSE, vs. to institutional investors. Spotify is the first company of its size to propose such a listing. If the listing
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Multifamily housing production finds stable ground in 2018

Though multifamily housing starts are projected to slightly moderate this year and in 2019, production levels are expected to remain in a steady range considered normal, with low supply actually contributing to this stabilization, according to the National Association of Home Builders. Low housing
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The Digital Banking Imperative: Consumers Demand More

This means that banks and credit unions must closely monitor trends and use situational marketing to provide hyper-personal experiences. It's important to switch from traditional advertising to native formats. According to a PwC study, only 25% of banking products are available online – usually it's not as
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Chase's mortgage revenue drops on lower servicing returns

JPMorgan Chase reported lower mortgage banking revenue in the fourth quarter as the returns from its servicing business declined from the previous year. The company had $1.44 billion of mortgage banking revenue in the fourth quarter, down 15% from $1.69 billion for the same period in 2016.
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Fed fines another 5 banks $35.1 million for mortgage servicing and foreclosure infractions

… firms with mortgage servicing subsidiaries supervised by the Federal Reserve to correct deficiencies in residential mortgage loan servicing and foreclosure processing, the top bank said in its statement. A spokesman for Goldman Sachs told HousingWire “We're pleased to have resolved this matter.”
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Will tax reform harm the housing market?

Real estate valuation and data analytics service HouseCanary will soon release the following report: “Will tax reform change your housing plans? Hyper local analysis tells the tale” And in that report, provided early for the benefit of HousingWire's readers, analysts at HouseCanary dug through
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JPMorgan (JPM) Q4 Earnings Beat Thanks to Investment Banking

Amid an expected trading weakness, strong investment banking results and higher rates drove JPMorgan 's JPM fourth-quarter 2017 earnings of $1.76 per share, which handily surpassed the Zacks Consensus Estimate of $1.69. Results exclude one-time tax related charge of $2.4 billion or 69 cents per
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Mortgage holder seeks to foreclose on Pownal track site

POWNAL — A complaint filed in Bennington Superior Court Civil Division seeks to foreclose on the former Green Mountain Race Track property. Mortgage holder Bayview Loan Servicing LLC of Coral Gables, Florida, filed the suit last week, naming the current owner, Green Mountain Race Track LLC,
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Hello. Im having troubles entering my online banking and im not in th…

Hello. Im having troubles entering my online banking and im not in the USA right now sp i am not able to call . I want to check my accounts balance .Is there any way to contact you?
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