NEW YORK–(BUSINESS WIRE)–Berkadia today announced the addition of prominent industry veteran Hilary Provinse as Executive Vice President and Head of Mortgage Banking. She will oversee a team of 130 experienced mortgage bankers located in 31 offices across the country. Ms. Provinse will
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New-home sales hit the highest level in a decade in October at a seasonally adjusted annual rate of 685,000 units, according to a joint release from the U.S. Census Bureau and the Department of Housing and Urban Development. That's 6.2 percent higher than September's revised rate of 645,000 units
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BOLIVAR PENINSULA, Texas, Nov. 28, 2017 /PRNewswire/ — NewCoast Properties, a Texas-based developer, today announced a new partnership with Heritage Texas Properties, one of Texas' largest independent real estate firms, to support continued investment in the Texas Gulf Coast. NewCoast's
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Investors are holding off from any major moves this morning as they wait to hear from Fed chair nominee Jerome Powell at his confirmation hearing before congress. That's keeping mortgage rates from moving higher, which is great news for anyone considering locking a rate on a purchase or refinance.
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French President Emmanuel Macron reviews troops as he attends a military award ceremony in the courtyard of the Invalides in Paris, France, November 27, 2017. REUTERS/Thibault Camus/Pool Reuters. By Luke Baker. PARIS (Reuters) – During his rapid rise to the presidency, France's Emmanuel
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The CEO of Raymond James has a sober outlook for the stock market in 2018, thanks to taxes. What happens on Wall Street in 2018 depends on what happens in Washington and whether lawmakers pass a tax reform package before the end of this year. Speaking to Fortune, Paul Reilly says, âIf tax
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ROSWELL, N.M.–(BUSINESS WIRE)–UC Funds, a vertically-integrated commercial real estate specialty finance firm, announced today the recent closing of a $3.75 million leasehold mortgage loan for the renovation of two student housing properties adjacent to Eastern New Mexico University (ENMU)
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The eastern suburbs seem to be Sydney's weakest market, at least according to the Domain Group's State of the Market Report which revealed that house prices in the area have fallen six percent in the third quarter of the year. This doesn't mean that the eastern suburbs are an exception, however,
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Oaktree Specialty Lending Corpo (NASDAQ:OCSL) and Equifax Inc. (NASDAQ:EFX) are both Financial companies that recently hit new highs. Naturally, this has caught the attention of the investment community. But which is the better investment? To answer this question, we will compare the two
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The HPI is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac. FHFA has produced a video of highlights for this quarter. “With relatively favorable economic conditions and a continued shortage of housing supply, price increases in the
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DUBLIN, Nov 28 (Reuters) – Ireland's central bank on Tuesday tweaked mortgage lending limits first introduced in 2015 to cut the number of loans banks can issue in excess of 350 percent of the borrower's income. Banks may still exceed the 350 percent lending limit for 20 percent of first-time buyer
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RBC Investor and Treasury Services (I&TS) has been appointed by Monyx to provide securities lending and other asset management services to its UCITS SICAV umbrella. RBC I&TS, part of Royal Bank of Canada, will also offer custody, fund administration, transfer agency, foreign exchange services to
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Our survey shows that, while advisers are conscious of their responsibility to offer GI, they don't always execute this duty of care on a day-to-day basis. A new poll by PMS Mortgage Club and general insurance provider Paymentshield has revealed adviser attitudes towards quoting general insurance.
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Kenyan President Uhuru Kenyatta vowed to unite his country as he was sworn in for a second term amid opposition protests, capping months of electoral uncertainty that unnerved investors in East Africa's biggest economy. Opposition leader Raila Odinga, who has vowed not to recognize Kenyatta's
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Royal Dutch Shell Plc will pay its entire dividend in cash for the first time in more than two years as Europe's biggest oil company seeks to demonstrate it has left the worst of the crude slump behind. From this quarter, Shell will no longer offer shareholders the option to take the payout in stock, it said
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U.S. President Donald Trump gives the impression all of Nafta's benefits have flowed south of the Rio Grande. Mexicans might beg to differ. As Eric Martin and Nacha Cattan report, Mexico's economic performance in the almost a quarter-century since the North American Free Trade Agreement took
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But it has made a slight adjustment to the level of exemptions to the lending limits. Most buyers will still be restricted to borrowing no more than three-and-a-half times their income. First-time buyers will still be required to have a deposit of 10pc of the property's value, with a 20pc deposit needed by
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BNP Paribas Arbitrage SA boosted its holdings in shares of Weight Watchers International by 123.1% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 7,134 shares of the company's stock valued at $238,000 after buying an additional 3,936 shares in the last quarter. Zacks Investment
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Heliospectra AB (publ) (OTCQB: HLSPY, FIRSTNORTH: HELIO), world leader in intelligent lighting technology for greenhouses and controlled plant growth environments, announces a sixth order from a global Fortune 500 AgTech company. The year-end order of E60 series lighting indicates that
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The Central Bank's statement on Tuesday on mortgage loans, what's it all about? The Central Bank introduced new restrictions in February, 2015 to limit the amount that banks can lend to people to buy homes, in order to avoid a repeat of the last crisis, where borrowers took on too much debt and banks
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