Chinese Developers Face Debt Reckoning After Boom

Chinese Developers Face Debt Reckoning After Boom

… year to restrict home sales as it feared that an overheated market fueled by a surge of mortgage lending could burst and ripple across the economy.
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Mortgage applications fall for second straight week

Photo (c) BillionPhotos.com – Fotolia Another decline — the second in a row — for mortgage applications. The Mortgage Bankers Association's latest
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Western Asset Mortgage Capital Corporation Announces Proposed Public Offering Of Convertible …

Western Asset Mortgage Capital Corporation is a real estate investment … and Bridge Loans, Commercial Whole-Loans and other financial assets.
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Greystar scores loans for two apartment buildings in Brickell and Coral Gables

Greystar just scored about $94.2 million in Freddie Mac loans for two of its luxury apartment buildings in Brickell and Coral Gables, property records
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Freddie Mac Prices $1.2 Billion STACR Deal

MCLEAN, VA–(Marketwired – Sep 27, 2017) – Freddie Mac ( OTCQB : FMCC) priced a $1.2 billion Structured Agency Credit Risk (STACR®) debt
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Pacific Premier Banking on Student Futures

When it comes to building a healthy life filled with opportunity, Pacific Premier is banking on the bright futures of students who live at Peoples'
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Smart banking, or safe banking?

Lending is risky business but yet commands only a small premium as it is considered a low-value added activity. Thus, when bad loans become large,
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Riviera Bank's Laurie Leighty Wins Innovative Banker Award

American Riviera Bank's executive vice president and chief administrative officer, Laurie Leighty, is the recipient of the 2017 Nation Meyer Innovative
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This CEO Says Joe Biden Called Business Leaders 'a Bunch of Cowards'

Biden did not immediately respond to Fortune's request for comment. Biden's alleged comments came after roughly 10 chief executives met with
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Big Pharma Is Getting Hit With a Huge Wave of Opioid Suits

That a Fortune 15 corporation would send even one person to such an event says something about the stakes involved in litigation targeting
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The Permian Basin Still Has an Awful Lot of Oil

… 60 billion and 70 billion barrels of recoverable oil, worth $3.3 trillion at current prices, as Bloomberg's Joe Carroll noted in a story on Monday.
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Amazon Prepares for Apple and Google Competition With Home Devices Push

Amazon.com Inc., girding for a stronger fight from Apple Inc. and Google, unveiled a slew of consumer devices including an improved Alexa-powered
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Saudi Women Drivers Had a Long and Painful Journey

In an interview with Bloomberg earlier, he said that “we believe women have rights in Islam that they've yet to obtain.” A few days later he told reporters
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Meroro calls it a day after 25 years in the banking fraternity

After spending 25 years in the banking industry, Ehrenfried Meroro recently said it was time for him to retire and enjoy the fruits of his labour, as well as
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Trump Says He's Looking 'Very Closely' at Firing His Health Secretary

President Donald Trump said he's looking “very closely” at whether to dismiss embattled Health and Human Services Secretary Tom Price, whose
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New York Mortgage Trust, Inc. (NASDAQ:NYMT) Sees Light Trading Volume with 28K Shares …

Trading volume for New York Mortgage Trust, Inc. was 28K by the end of … The Business's investment portfolio includes residential mortgage loans,
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Amazon Takes on Apple and Google With Home Devices Push

Amazon unveiled a slew of consumer devices including an improved Alexa-powered smart-home hub, a smaller Echo speaker and a version of its
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Preferred Apartment Communities, Inc. Announces Acquisition of a 260-Unit Multifamily …

… subsidiary and financed the acquisition utilizing a non-recourse first mortgage loan from Freddie Mac originated by KeyBank National Association.
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Andy Rubin's Essential Phone Looks Like a Huge Bust

Android founder Andy Rubin helped build the software that now runs on billions of smartphones, but his new phone-making startup doesn't seem to be
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Breaking News: CFPB orders independent title agent to pay $1.25 million

According to the CEPB, Meridian routinely referred title insurance underwriter business to Arsenal Insurance Corp., a company owned in part by three
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