China's home price growth picks up in October

China's home price growth picks up in October

China's housing market has seen a near two-year boom, giving the economy a major boost but stirring fears of a property bubble, with the government taking strong measures to curtail purchases. Authorities have been particularly focused on curbing speculative lending in the housing market and have
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Ellington Financial (NYSE:EFC) vs. PennyMac Financial Services (PFSI) Head to Head Analysis

PennyMac Financial Services (NYSE: PFSI) and Ellington Financial (NYSE:EFC) are both small-cap retail & mortgage banks companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, dividends, risk, institutional ownership, valuation,
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ValuEngine Upgrades Edison International (EIX) to “Buy”

Edison International (NYSE:EIX) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Wednesday. A number of other research analysts have also recently commented on the stock. Jefferies Group LLC raised shares of Edison International from a
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These 12 Photos Provide a Peek into China's Futuristic—and Controversial—New 1.2 Million-Book …

China opened the doors of its new, futuristic library earlier this month. The Tianjin Binhai Library, located just outside Beijing, features a luminous spherical atrium with bookshelves lining the walls, from floor to ceiling. What looks to be a book lover's ultimate fantasy could ultimately house 1.2 millions
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Exceleras Announces Software Update

Exceleras, creator of the DispoSolutions Real Estate Owned (REO), ValueSolutions Collateral Valuation and ClearView Offer Management platforms, has announced that the company has released another regular software update. This time, software engineers and UX experts at Exceleras improved a
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Goldman Sachs makes progress on mortgage-related settlements

The consumer-relief obligations are part of two agreements entered by Goldman Sachs with the Department of Justice and the states of California, Illinois, and New York to settle potential and filed legal claims related to mortgage-based securities. The company agreed to provide a total of $5.06 billion,
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When the last bank leaves town

Killyleagh sits on the banks of Strangford Lough, like any other village it has grocers, butchers, and pubs. But, by next summer, it will not have a bank. The financial hub of the village is on High Street where Ulster Bank serves the community. The announcement on Wednesday by Ulster Bank that it is to
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The Questionable Math Behind Manafort's Extravagant Home Renovations

Special Counsel Robert Mueller, in his indictment, says that a Hamptons firm got $5.4 million in wire transfers from Cyprus over 71 payments. But building permits over the same period examined by Bloomberg show that renovations by Manafort's Hamptons' contractor were estimated to cost $1.2 million.
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Koseff takes Discovery Bank's entry seriously

Investec CEO Stephen Koseff is not taking lightly the expected entry of Discovery Bank into the market in 2018, but true to his can-do attitude, Koseff welcomed the competition as a forcing mechanism to make Investec better. “They're very clever people. I'm not going to underestimate them,” Koseff said
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Leeshan Birney Built Real-Estate Firm in New Jersey and Texas

Many immigrants implant themselves into the U.S. by buying real estate. Leeshan Birney went further, developing a business that now owns 2,500 apartment units and over 1 million square feet of office and commercial space in northern New Jersey and the Houston area. At age 24, despite her parents'
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ENTERPRISE BANK NAMED #1 PLACE TO WORK | Enterprise Bank

To Better Serve You and Your Online Banking Experience: Enterprise Bank will perform regularly scheduled technology infrastructure maintenance on Sunday, November 19th, between 5:30 am and 4:30 pm. During this time, you may experience intermittent service interruptions impacting access to
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'Scalpers of real estate': Blistering Vancouver condo market sparks local, foreign flipping frenzy

Condo prices have escalated so quickly that some owners are flipping their units before construction is finished, a move that allows foreign buyers to capitalize on price gains without having to pay the province of British Columbia's 15 per cent levy implemented last year for Vancouver real estate
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Tesla's Power Plant on Wheels

Is Tesla Inc.'s Semi on the verge of doing to the trucking industry what the iPhone did to telecommunications? Probably not — but the decarbonization of road freight may still upend both the logistics business and the oil industry. To see why, have a look at the International Energy Agency's estimates last
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There's Always A Billionaire Medici to Buy Your Da Vinci

While there's still Art Basel Miami to come in early December, the performance of the high end of the market, as seen this week, should be positive for 2017's final tally. According to Artprice.com, fine art auction sales in both the U.S. and the U.K. rose in the first 10 months of this year, compared with 2016.
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Analyzing Western Asset Mortgage Capital Corporation (WMC) and AGNC Investment Corp. (AGNC)

… Home Loan Mortgage Corporation (Freddie Mac), or by the United States Government agency, such as the Government National Mortgage Association (Ginnie Mae) (collectively, GSEs). Its agency securities include agency residential mortgage-backed securities (Agency RMBS) and to-be-announced
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Insider Selling: Lennox International, Inc. (NYSE:LII) EVP Sells 3759 Shares of Stock

Acrospire Investment Management LLC lifted its position in shares of Lennox International by 114.1% during the 2nd quarter. Acrospire Investment Management LLC now owns 563 shares of the construction company's stock worth $103,000 after buying an additional 300 shares during the last quarter.
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PDVSA Looks Like a 'Zero' to Man Who Ran Elliott's Argentina Bet

Jay Newman, the former hedge fund manager who helped billionaire Paul Singer win a 15-year fight against Argentina, has a word of caution for investors looking to replicate his success amid the chaos unfolding in Venezuela. Now retired from Singer's $34 billion Elliott Management, Newman is
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Trump's Vow to Fix 'Third-World' US Airports Is Hurt by Tax Bill

RXP Realty Chief Executive Officer Scott Rechler discusses tax reform and the need for investment in infrastructure. President Donald Trump has compared landing at Los Angeles International and other U.S. airports to arriving in a third-world country. But a provision in the tax bill passed by the House of
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These ETFs Imitate Hedge Funds—And Only Charge Half as Much

… whose performance doesn't correlate with stocks, with an expense ratio of just .05%. As its name suggests, it invests solely in U.S. Treasury and corporate bonds—and that simplicity is its own kind of security blanket. A version of this article appears in the Dec. 1, 2017 issue of Fortune with the headline
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Is this really the end for Toronto real estate rally?

The subject who is truly loyal to the Chief Magistrate will neither advise nor submit to arbitrary measures. close panel. © 2017 The Globe and Mail Inc. All Rights Reserved. Terms & Conditions Privacy Policy. TOP LINKS. Is this really the end for Toronto real estate rally? Scott Barlow. November 17, 2017.
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