FCA Eyes Mortgage Lenders That Fail Struggling Customers

FCA Eyes Mortgage Lenders That Fail Struggling Customers

Law360, London (December 6, 2018, 6:54 PM GMT) — The Financial Conduct Authority said Thursday it is considering whether to take regulatory
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Investing Focus: Traders Keen on Shares of Humana Inc. (HUM), Brinker International, Inc. (EAT)

Humana Inc. (HUM) rose 4.79% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity
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EU Court to Rule on Brexit Case Ahead of Vote on May's Deal

The European Union's highest court will on Dec. 10 tell the U.K. whether it should be allowed to unilaterally reverse Brexit, in a landmark ruling that
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Hovnanian Enterprises Reports Fiscal 2018 Results

“We recognize that there has been an overall industry cooling in home …. (12) fluctuations in interest rates and the availability of mortgage financing;
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Can average investors take advantage of a new real estate development tax break?

As a result of recent tax reform, opportunity zones have emerged as a way for distressed neighborhoods to attract needed real estate development
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Job Market Looks Healthy Despite Other Signs Of Trouble For The Economy

Stock markets have seen wild swings this week over U.S.-China trade … The housing market has also been softening, another development that could
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Merchants in Indiana to buy warehouse lender

Merchants Bancorp in Carmel, Ind., has agreed to buy a warehouse lender in Clearwater, Fla. The $3.8 billion-asset company said in a press release
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Redwood Credit Union names new manager of mortgage lending

SANTA ROSA, CA (December 6, 2018) — Redwood Credit Union (RCU) has promoted Laureen Barnes to manager of mortgage lending. In her new
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China Says It's Implementing Deals Done With US on Trade

… that China had already agreed to lower tariffs on American cars, and Bloomberg reported on Wednesday that China was preparing to restart imports
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'Sell All' Battle Cries Heard Across Markets Ahead of US Open

Before a single share moves in regular U.S. trading hours, investors are braced for an ugly New York open, lashed once again by a litany of putative
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US average mortgage rates fall; 30-year loan at 4.75 percent

Mortgage giant Freddie Mac said Thursday the average rate on the benchmark 30-year, fixed-rate mortgage dipped to 4.75 percent from 4.81 percent
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Mr. Cooper Survey: Holidays Bring Spending Stress to Many Americans

DALLAS–(BUSINESS WIRE)–Dec 6, 2018–Mr. Cooper®, the nation's largest non-bank mortgage servicer and a leading mortgage lender, today
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California wildfire victims face new challenges and this chart shows how much Americans make at …

Fewer Americans are flipping homes — and that's a bad sign for the housing market. 'Home flipping acts as a canary in the coal mine for a cooling
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Home-Flipping Activity Sinks in Q3

The last time that happened was in 2014 following the mortgage rate jump in the second half of 2013, but it's still far from the 11 consecutive quarters
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CFPB fines mortgage lender over claims it deceived veterans

The Consumer Financial Protection Bureau ordered Village Capital & Investment, a nonbank mortgage lender in Henderson, Nev., to issue refunds
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Ted Baker Confirms Law Firm Will Investigate Reports on CEO

Ted Baker Plc said it appointed the law firm Herbert Smith Freehills LLP to conduct an independent external investigation into reports on the office
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Buy These 5 Low Leverage Stocks to Counter Uncertainties

The two financial resources often resorted to are debt and equity. … private mortgage insurance coverage to the U.S. home mortgage lending industry.
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The US Just Became a Net Oil Exporter for the First Time in 75 Years

America turned into a net oil exporter last week, breaking 75 years of continued dependence on foreign oil and marking a pivotal — even if likely brief
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UK financial watchdog cautions lenders over behaviour to borrowers in arrears

The Financial Conduct Authority has warned mortgage lenders that they must be careful with how they treat customers with long-term arrears on home
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Hugo Chavez's Failed Socialist Experiment Is Deadlier Than Ever

The night of his victory, I remember leaving the Bloomberg News office in eastern Caracas, an upscale district that had to be one of the few spots in the
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