Hillary Gavan/Beloit Daily News(From left): Century 21 Helms & Rose Team real estage agents Cindy Helms, Trisha Rose and Rosemary Dutter chat about available properties. Due to a shortage of homes in the Beloit area and high demand, they are working harder than ever to get people into homes.
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A former Wells Fargo mortgage banker in Beverly Hills who was fired and later fined by federal regulators has sued the bank, saying he was used as a scapegoat and that regulators ignored his attempts to report bad practices. David Eghbali, who had been one of the bank's top mortgage bankers, said
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U.S. banks are facing a growing threat from cyberattackers and making defense against them more complex by relying on third-party firms for support, according to a report released Thursday by Joseph Otting, the Trump administration appointee who took over a key banking regulator in November.
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New Hampshire Mutual Bancorp has two other affiliated savings banks: Merrimack County Savings Bank, in Nashua and greater Concord, and Meredith Village Savings Bank, with locations in and around Laconia and Portsmouth. The holding company also owns MillRiver Wealth Management,
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Mortgage rates moved higher during the week ended January 18, with the average rate for a 30-year, fixed-rate mortgage (FRM) increasing to 4.04%, up from 3.99% the previous week, according to Freddie Mac's Primary Mortgage Market Survey. It was the first time since summer 2017 that the the
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President Donald Trump said Thursday that he called Apple Inc. Chief Executive Officer Tim Cook to thank him for announcing hundreds of billions of dollars in U.S. investments following passage of Republican tax legislation last year. Apple said Wednesday it would return hundreds of billions of dollars
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Philadelphia's housing market in most neighborhoods outside Center City has not changed since the Great Recession in 2008. The Reinvestment Fund released a study this January that analyzes the recently-released 2016 Home Mortgage Disclosure Act data looks into the local mortgage lending
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Zimbabwean President Emmerson Mnangagwa speaks during his state visit to Mozambique on Jan. 17, 2018 in Maputo. Photographer: Mauro Vombe/AFP via Getty Images. Zimbabwe's new president, Emmerson Mnangagwa, has a plan to revive one of the world's worst-performing economies and
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International Flavors & Fragrances Inc. (NYSE: IFF) (Euronext Paris: IFF), a leading innovator of sensory experiences that move the world, has named Dominique Ropion Master Perfumer. The Company's designation recognizes perfumers who have demonstrated consistent and outstanding levels of
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Some of Russia's largest lenders, including Sberbank and VTB , are already subject to sanctions which restrict their ability to borrow abroad. … The finance ministry said the new bank, which it did not name, would work to support state defense orders by providing financial services and lending. “The new
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Nairobi will also construct a bus terminus to help decongest the city. Sonko further promised to ensure devolution works through a good working relationship between the executive and the assembly. He added that he had approved car and mortgage facilities for MCAs but recommended that they secure
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The Trump administration is developing a policy that would empower health care workers to refuse to participate in abortions or treat transgender patients. According to Politico, the new rules would punish health care organizations that don't give employees an opportunity to object to treating patients for
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The Consumer Financial Protection Bureau this week said it will reconsider proposed rules for payday lenders that were scheduled to take effect Wednesday. The CFPB drew them up under previous director Richard Cordray, who left the job to seek the Democratic nomination for Ohio governor.
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The east side of the US Capitol in the early morning. Senate Chamber in the foreground. drnadig Getty Images. By Jeff John Roberts. 4:23 PM EST. The Senate on Thursday voted narrowly to renew a law that permits intelligence agencies like the NSA and the FBI to tap into data from companies like
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Attorneys general for 19 states, including Alaska, are asking Congress to pass legislation that expressly allows banks to provide services to marijuana businesses operating in compliance with state law. âAllowing banks to work with these businesses is good policy, which is why the concept has
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Lionheart Capital, a Miami-based real estate development and investment company, closed on its purchase of the former Macy's department store property at the Bangor Mall earlier this week. Ten-X, the online auctioneer that sold the store, confirmed the deal closed on Jan. 16, but would not reveal the
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The 30-year fixed rate topped the 4 percent mark for the first time since the summer, Freddie Mac reported. Through Wednesday … “Some may be wondering if this is the last time we'll see a three handle on the 30-year mortgage rate,â said Len Kiefer, Freddie's deputy chief economist. âNever say never
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For the first time, the conservator of Fannie Mae and Freddie Mac has revealed its preferred blueprint for housing finance reform. … (FHFA) Director Mel Watt made the case for turning the government-sponsored enterprises (GSEs) Fannie and Freddie into shareholder-owned utilities, and allowing for
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The FHFA plan would return Fannie Mae and Freddie Mac to the private market and provide them an explicit, catastrophic guarantee for their mortgage-backed securities in return for fees paid into a reserve fund. âWe are broadly supportiveâ of the FHFA outline, Phillips told at a Women in Housing and
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Four major trends have the potential to shape the rental market in 2018, requiring real estate professionals to adapt to population shifts, policy changes, new technologies, and more, reports Forbes' Nathaniel Kunes. First, declining occupancy rates and slowing rent growth will require property managers
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