Federal Budget: Homeownership Just Got Easier For Canadian First Time Buyers

Federal Budget: Homeownership Just Got Easier For Canadian First Time Buyers

Young first time buyers have been hit hard by a combination of rising housing prices, rising interest rates, and tougher financing requirements over the
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Mortgage Rates Take a Dip After Fed Rate Announcement

On Wednesday, the Federal Reserve decided to keep interest rates unchanged and will end its balance sheet reduction in September, sending
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UPDATE 2-China stops buying Canada canola as bilateral ties worsen -trade group

China said this month it had suspended the clearance of canola imports from Richardson International, Canada's largest exporter of canola to China.
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Second British Art Gallery Pledges to Reject Donations From Purdue Pharma's Sackler Family

A group of British art galleries has become the second art institution to refuse donations from the Sackler family this week, citing the family's connection
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Defying Mortgage Delinquency Trends

February saw its first rise in delinquencies in 12 years, according to Black Knight's First Look at February mortgage data. Despite the monthly increase,
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New standards to drive US sustainability-linked lending

NEW YORK, March 22 (LPC) – Global standards set in place by loan trade associations this week that tie syndicated loan pricing to companies'
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Complexity and lack of standardization limit CREF technology

“The residential mortgage has a very standardized format and the agencies — Fannie Mae and Freddie Mac — mandated that paper file and it's
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Existing-home sales begin seasonal bounce back

Cheryl Young, the senior economist at Trulia said in a statement that the upward motion shows the housing market is beginning to rebound.
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FIS-Worldpay's impact, OCC's Wells Fargo rebuke, lifetime banker bans: Top stories of the week

There's bipartisan consensus that the conservatorships of Fannie Mae and Freddie Mac are unsustainable, but that may not be enough for lawmakers
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Freddie Mac trims 2019 origination estimate but could rethink the move

Single-family mortgage production could total more than $1.67 trillion this year, according to Freddie's March forecast. That estimate is down from last
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The Surprising Winners and Losers of This Year's Tax Season

To help clear up at least some of the confusion, Bloomberg News teamed up with the Tax Institute at H&R Block. We analyzed the situations of five
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Peer-to-peer pressure: do the risks outweigh the rewards?

It is the typical siren call of a peer-to-peer lender, a new breed of fintech company matching customers seeking high returns on their cash with
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Central Ohio home sales and prices up in February

Central Ohio home sales rose 3.7 percent in February from a year ago, the biggest jump in more than a year. Prices leapt 7 percent, another indication
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Existing-Home Sales Up 11.8 Percent

… according to new data from the National Association of Realtors (NAR). … “A powerful combination of lower mortgage rates, more inventory, rising
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Lawsuit: Zuckerberg backed Andrade

… for allegedly violating court procedure by colluding with a Zuckerberg-controlled company during “quiet title” legal proceedings initiated by Andrade
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US Global Investors Inc. Acquires 2897 Shares of Mondelez International Inc (MDLZ)

U S Global Investors Inc. grew its holdings in shares of Mondelez International Inc (NASDAQ:MDLZ) by 27.0% in the fourth quarter, according to its
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Freddie Mac Pfd Z (FMCKJ) in Focus: Yesterday's High

Freddie Mac Pfd Z (FMCKJ)'s high, the highest trade price for the day, was $8.79, while the lowest trade price for the day was $8.46. Change is the
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Trump landslide blowback

FREDDIE MAC NAMES NEW CEO — WSJ's Colin Kellaher: “Freddie Mac on Thursday said Donald Layton will retire as chief executive on July 1 and
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Currencies May See Wild Swings if Slow Growth Breaks CLO Market

However, CLOs don't deal with mortgage loans but are rather composed of bundled corporate debt. Within the security are various levels or “tranches”
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Existing home sales jumped 11.8% in Feb. as mortgage rates fall, sparking sluggish market

WASHINGTON — U.S. home sales soared 11.8 percent in February, aided by accelerating wages and falling mortgage rates that are improving
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