Canada's banking regulator seeks input on proposals that could mean big changes for …

Canada's banking regulator seeks input on proposals that could mean big changes for …

Canada's banking regulator is proposing big changes for housing finance, with potentially three new limits on how lenders grant mortgages.
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Bank to pay $31 million redlining settlement, DOJ's largest ever – KKTV

City National is the latest bank in the past several years to be found systematically avoiding lending to racial and ethnic minorities, a practice
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Reversal of Fortune: Gov. Newsom Outlines Plan to Deal with Budget Deficit

“Regardless of this modest shortfall, we're continuing to make unprecedented investments.” It's a swift reversal of fortune. Six months ago, Newsom
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Minibubbles in US Banking Are Popping With Costs in the Billions – BNN Bloomberg

With cautionary tales piling up, regulators warned banks this month not to go too deep into digital currencies. “It is important that risks related to
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Newmark Launches New Tool for Real Estate Management – Propmodo

The corporate real estate tool, called Newlitic, allows users to create customizable dashboards that can help them keep track of things like
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Lending Club Cutting 14% of Its Jobs; Sees Q4 Earnings Topping Wall Street View

Analysts, on average, are looking for a $19.3 million profit on $261.6 million in Q4 revenue, according to Capital IQ polling. Lending Club shares
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Elon Musk breaks Guinness World Record for largest loss of personal fortune in history – ITV

Most of the entrepeneur's wealth is tied to his ownership of Tesla shares, which have plummeted 65% in 2022 since he bought Twitter for $44
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Wells Fargo Is Shrinking Its Mortgage Business—Except Where It Isn't – Wall Street Journal

The bank sent a notice to real-estate agents, home builders, nonprofits and others that refer mortgage business to Wells Fargo saying it wanted to
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Jeopardy!, Wheel of Fortune: Syndicated Game Shows Each Renewed for Five Years

“Wheel of Fortune and Jeopardy! are the crown jewels of syndication, drawing larger audiences than almost every prime-time broadcast show. This new
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Bank to pay record $31M in LA redlining settlement – The Quad City Times

The Justice Department accused Los Angeles-based City National Bank on Thursday of discrimination by refusing to underwrite mortgages in
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Will high housing prices of 2022 continue in 2023? | wqad.com

More Quad Cities renters looking to buy homes despite high mortgage … More Videos. Next up in 5. Example video title will go here for this video.
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Video: Canada's bank regulator proposes new mortgage restrictions – The Globe and Mail

Play Video 4:39. The Office of the Superintendent of Financial Institutions' Peter Routledge sat down with mortgage columnist Rob McLister to
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The uneasy US housing stalemate – Financial Times

US home prices rose 40 per cent during the pandemic. Mortgage rates haven't been this high in 15 years. Wages are higher, but not nearly enough to
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OSFI escalates fight against mortgage lending risk – Investment Executive

OSFI escalates fight against mortgage lending risk … it has already adopted to curtail risks to lenders, and the financial system overall.
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Freddie Mac Offers More Deals on Single Apartment Loans, REITs Could Gain Investor … – CoStar

A Weekly Look at the Commercial Mortgage-Backed Securities Business. … Multi PC deals are backed by a single borrower or single-asset loan,
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How Staten Islander rebuilt his fortune, and himself, after blowing $1.1 million casino jackpot

Frank DiTommaso hit for slot-machine windfall in 1989. But the real win would come after he lost it all.
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Maverick McNealy, Heir to a $1 Billion Fortune, Wants to Build His Own PGA Tour Legacy

Now, that isn't an insignificant amount of money by any stretch, but it's nothing compared to his dad's $1 billion fortune.
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Everything You Need to Know About the IRS's New Rules on Venmo – Latest Tweet by Bloomberg

(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube.
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Thailand Warns Virtual Banks About 'Irresponsible Lending' as It Approves Them

To that end, the bank has set up requirements for virtual banks. They need to have business models to show they can provide full-service banking, and
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DeSantis warns over China real estate investments: 'Gobbling up land' not in Florida's best interest

FL Gov. Ron DeSantis proposes abolishing Chinese real estate investments in Sunshine State … Florida Chief Financial Officer Jimmy Patronis expresses
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