To dive into the loans a little further, WealthManagement.com interviewed Bryan Loew, the head of TD Wealth Lending Sales overseeing securities-backed loans. Loew has more than 10 years of experience in private banking and broke down some of the nuances of the loans, who the borrowers are,
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As driverless cars become the standard, new market leaders will emerge, and the infrastructure of gas stations, repair shops and parts stores will all dissolve around them. So the self-driving car will not only revolutionize real estate, it could reshape the auto industry as well. All these changes will,
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Planet Home Lending LLC has opened its first retail lending branch in Denver, Colo., to be managed by mortgage industry veterans Derrick Strauss and … to manage Planet Home Lending's expansion into Denver,” said Mike Lee, Planet Home Lending's Senior Vice President of National Production.
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The Federal Reserve is facing new criticism over reports that John Williams, President of the San Francisco Fed, is the front-runner to succeed William Dudley as head of the New York Fed. According to a Bloomberg report, Williams' name was raised in media reports citing unnamed sources as the
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Last spring there were calls to start rezoning vacant downtown office space so it could be used for housing or other uses. Now, a year later, there are signs the real estate landscape is starting to change. One of the biggest changes has been the implementation of the Centre City Enterprise District.
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Mortgage Brain added that this will facilitate faster time to market for lenders. George Webb, chief executive officer of Mutual Vision, commented: âWe have selected Mortgage Brain because it has the most widely used and preferred electronic trading software in the UK and Irish markets. âMTE allows
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“Look at it as a win-win situation â you either buy momentum after Friday or you're buying lower [this] week,” he said. “The market is going to recover off some of these big support levels.” European markets lost earlier gains heading into the close in Monday's session. Germany's DAX was down 0.5
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To observe the company's 26th anniversary, the Financial Investment and Consultancy Services' (FICS) team has committed to helping more Saint Lucians save and make smart financial decisions. On Monday March 19, FICS launched a new product: Jumbo Mortgage Finance (JMF) at its Rodney Bay
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Philip Morris International Inc (NYSE:PM) saw significant share price volatility over the past couple of months on the NYSE, rising to the highs of $110.6 and falling to the lows of $95.63. This high level of volatility gives investors the opportunity to enter into the stock, and potentially buy at an artificially low
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Peter Lynch, the American fund manager, once observed that corporate executives had numerous reasons why they might decide to sell the stock of their own companies, but only one reason to buy: because they thought it would go up in value. Executives will frequently sell shares in their own
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A recent study published in Neuropsychopharmacology found that a substance found in cannabis called cannabidiol, or CBD, can help prevent relapses in drug and alcohol patients, especially when those patients are re-entering stress-filled environments. In the study, scientists from the Scripps
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Just because you're a data scientist, don't presume you'll get hired by an investment bank. This is the message from Shary Mudassir, a managing director in global equities trading at RBC Capital Markets. âIt's hard to attract and retain highly capable AI talent â if you get 100 applicants, then 90 of them
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A proposed regulatory change could jumpstart more bank interest in mortgage servicing rights this year. The capital simplification proposal, which increases the percentage of Tier 1 Capital that can be made up of MSRs to 25% from 10%, would reduce the pressure on banks to sell MSRs, said Lee Smith
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Foreign banks will no longer need to ask for the banking watchdog's approval before they offer offshore wealth management services, act as custodians for these services and for mutual funds, or repatriate funds for foreign financial institutions facing liquidation, the CBRC said on February 24. The CBRC
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The U.S. housing market is healthy for 2018, and the Franklin County market is one of healthiest in the nation. The Chambersburg-Waynesboro Metropolitan Area ranked sixth among 400 U.S. housing markets, according to the latest Health of Housing Markets Report by Nationwide Mutual Insurance Co.
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Walmart Inc (wmt, -1.92%) is bringing in the big guns in its grocery delivery war with Amazon.com. (amzn, -3.12%). The retailer's Jet.com business has tapped the executive who oversaw British retail giant Tesco's successful grocery delivery push to be its new head, Walmart eCommerce CEO Marc Lore
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To give a boost to the P2P (peer-to-peer) lending industry, the Centre must allow tax breaks for lenders who are coming to such platforms. This was suggested by a representative of the India Fintech Forum at a recent meeting on start-ups chaired by Commerce and Industry Minister Suresh Prabhu in the
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Facebook Chief Executive Mark Zuckerberg was invited to testify before the Senate Judiciary Committee next month by Chairman Chuck Grassley as questions mount over its data privacy practices. The invitation asking Zuckerberg to answer questions at an April 10 hearing comes as the Federal Trade
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Mortgage rates are rising at the same time as home prices, but the U.S. may end up in a situation where the cost of taking out a loan increases at a pace that is much higher than the uptick in home prices. That's according to CoreLogic's latest Home Price Index Forecast, which implies that home prices
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Bitcoin began the week on a down note, declining as much as 8.7 percent, pushing the biggest cryptocurrency's decline for March to about 25 percent. Twitter Inc. confirmed Monday that it's banning advertisements for initial coin offerings and token sales on its social-media platform. The decision comes
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