Employment surges in January lead by construction jobs increase

“In this morning's jobs report we see some good news for the housing market both in terms of demand and supply,” Redfin Senior Economist Taylor Marr said. “After almost 10 years of stagnant wage growth, average hourly earnings increased 2.9% from last year.” “This was the biggest wage increase
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The most important factor for beneficial owners to consider before lending is to know who is the borrower, according to conference speaker Sudha Datta, president of SL&C Consulting. During a panel at the IMN's 24th Annual Beneficial Owners' International Securities Finance & Collateral Management
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Mortgage rates are on the rise today after a very solid monthly jobs report for January got released early in the morning. It's been a notable week for the market, with the 10-year yield surging to a four-year high. Mortgage rates tend to move in the same direction as the 10-year yield, and have similarly
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Lending at agricultural banks increased sharply in the fourth quarter, after appearing to stabilize in previous quarters. Large loans drove the increase in farm lending, which may heighten concerns about cash flow in 2018 as interest rates have continued to rise steadily. At the same time, farm income has
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Deutsche Bank's asset-management business, which accounts for about one-tenth of the company's revenue, was the only unit to report a return on equity of more than 2 percent for 2017. Across the firm, Deutsche Bank's overall return on tangible equity last year was negative. Considering the industry's
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As Republicans and Democrats in Washington battle over immigration, the real war is being waged at the state and local level, where police and politicians have to weigh the needs of their communities against President Trump's agenda to crack down on undocumented immigrants. The country's two
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Budget 2018 brought little cheer for the real estate sector, struggling with a credibility crisis, the impact of demonetisation, regulatory reforms, and low interest, overall. There was little in the Budget that could stimulate demand. Anuj Puri, Chairman of ANAROCK Property Consultants, for instance, noted
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Fidelity National Financial, Inc. (NYSE:FNF) has a price-to-sales ratio of 1.2, well above its Surety & Title Insurance competitors. For the industry, the average P/S ratio sits at 0.77, which is less than the sector's 6.48. In the past 13-year record, this ratio went down as low as 0.2 and as high as 1.09. Also
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Names such as Rightmove, Zoopla and Purplebricks are now well established but at the time they arrived they were seen as challenging elements of the status quo in the real estate market. The boom in the Private Rented Sector and the shift from a “real estate” to a “consumer” focus makes this sector
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… Treasury Department warned that expanding sanctions to new Russian sovereign debt and derivatives could destabilize financial markets and spread beyond Russia to have “negative spillover effects into global financial markets and businesses,” according to a Treasury report obtained by Bloomberg
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“We encourage property owners to respond to this survey to help us understand the market for rental housing in the City,” City Councilor and Housing Committee Chairwoman Jill Duson said in a written statement. Portland's housing market has been a source of concern in recent years, in terms of safety,
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People leaving traditional financial services for cryptocurrency startups is becoming more common, but no one has a career arc quite like former Deutsche Bank and Citi trader Arthur Hayes. Hayes grew up a middle-class boy – both of his parents worked at General Motors in Buffalo – who really wanted
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LONDON, Feb 2 (Reuters) – Nordea, the Nordic region's biggest banking group, said on Friday it has applied to list its Finnish unit's shares on the Nasdaq Helsinki, Nasdaq Stockholm and Nasdaq Copenhagen exchanges. The application is part of preparations for the planned re-domiciliation of the
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Ultimate Staffing is partnering with a Credit Union in San Antonio to identify an experienced Mortgage Loan Consultant / Loan Officer.
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The music manager left over $5 million in different accounts to his children Joshua and Charlie, according to The Blast. They will also inherit his Live Nation stocks and his share of digital rights to the music he was vested in. Feldstein managed Maroon 5 and Robin Thicke among other artists. His dad
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Elizabeth Warren of Massachusetts—say that since taking office late last year, Mulvaney has taken action three times to reverse the agency's diligent policing of payday lenders. Mulvaney announced last month that the CFPB was re-examining its huge payday lending rule and it filed for dismissal of a
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Much like the housing market in general, Ottawa's high-end and luxury apartment niche is seeing a resurgence after several years of stagnation. From high-end rental units to executive and custom-like luxury condos, new projects are dotting the landscape, while the logjam in the $1-million-plus resale
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Mortgage lender Freddie Mac estimated in October that damage costs would fall somewhere between $45 billion and $95 billion, and residential real estate, which was thought to be among the biggest drivers of economic loss, could be between $25 billion and $55 billion. The recovery funds come from
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Applicants for the Adrian Rubin Scholarship must write a 500 word essay that answers the question “How do you think real estate investment trends will change over the next five years?” Fourth-semester computer science major Syed Asar said he saw the essay's topic as a deterrent to applying for the
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Crown Castle International Corp. (REIT) logo Deutsche Bank reiterated their buy rating on shares of Crown Castle International (NYSE:CCI) in a research report released on Monday, January 22nd. They currently have a $120.00 target price on the real estate investment trust's stock. A number of other
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