Financial services and banking news update – 08 June 2017

Financial services and banking news update – 08 June 2017

The European Banking Authority (EBA) has published its 2018 EU-wide stress test draft methodology and templates for discussion with the industry.
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5 questions a millennial has before diving into the housing market

The housing market doesn't make life any easier for millennials. When you' The housing market can be unkind to millennials. For those looking to gain
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Retail Property Financing and Private Mortgage Loans Available

Invoice Financing, Factoring Receivables and loans are available at most affordable rates in the market at NW economic. We have been the Direct
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3 million first-time homebuyers have been shut out of the market

First time buyers help keep the housing market flowing. They purchase entry-level homes, which allows current homeowners to trade up to a bigger
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House can boost lending, improve stability through financial reform bill

Today, the House of Representatives may take an important step toward revitalizing small-bank lending and improving U.S. financial stability by
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The only way to push up lending, growth is to draw on political capital

Finance minister Arun Jaitley did the right thing by making it clear that the government respects the RBI's decision on policy rates, something that is
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UPDATE 1-Home Capital showed risks, but alt-lending works -Bank of Canada

In its semi-annual Financial System Review, the central bank said the market largely viewed the alternative lender's situation as “idiosyncratic to”
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Adjusting to smaller role, banks lending again to US drillers

Lenders like JPMorgan Chase and Wells Fargo, as well as some Houston banks, have boosted the size and number of loans fueling the U.S. oil
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How Real Estate and Food Make Terrific Bedfellows

The report, called “Cultivating Development: Trends and Opportunities at the Intersection of Food and Real Estate,” summarized: “Developers are
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TPG Specialty Lending Inc (TSLX) Stake Held by USS Investment Management Ltd

TPG Specialty Lending logo USS Investment Management Ltd held its position in TPG Specialty Lending Inc (NYSE:TSLX) during the first quarter,
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How safe is online banking?

Sixty-two percent of Americans use mobile devices or computers to bank online, up 16 percent from 2010, according to the Pew Research Center.
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Rising debt, sizzling housing markets leave economy more vulnerable: Bank of Canada

Rising debt, sizzling housing markets leave economy more vulnerable: … rise of household debt and still-scorching housing prices in major markets,
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Valuations show housing market in Pawnee City vibrant

A brisk housing market in Pawnee City drove up valuations over the last two years, according to Jon Bailey, County Assessor. Valuations went out May
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60+ inquiries filed in last 3 months against unlicensed lending company in NC

RALEIGH, N.C. (WNCN) — A lending company doing business in North Carolina has been flagged by the Better Business Bureau, which is warning
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CM: Will probe mortgages by SAD-BJP

Keen to keep up his image of delivering good governance and setting the state's derailed economy back on track, Chief Minister Capt Amarinder
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Guest Blog: Hot Ohio Housing Market Draws New Focus on Affordability

Limited housing stock is rapidly pricing low- and moderate-income people out of the market—and in the case of some local seniors—out of
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Credit Unions Gain on Other Consumer Lenders

Credit unions accelerated consumer lending twice as fast as other financial institutions in April, primarily with the power of auto loans, the Federal
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Florida Builder's Success Attests to Booming Housing Market

The southwest Florida housing market is booming, and one of the area's largest builders is enjoying the ride. Neal Communities, No. 43 on this year's
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Central bank concerned over household debt and housing market

Canadians continue to pile up more debt and the housing markets in Toronto and Vancouver continue their dramatic rise despite government efforts to
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ABA Wins Extension on CFPB's Small Business Lending Request for Information

ABA has previously called on Congress to repeal Section 1071, noting that its conflation of consumer and commercial lending is misguided.
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