First Merchants Bank settles federal lawsuit alleging redlining

First Merchants Bank settles federal lawsuit alleging redlining

Muncie-based First Merchants Bank has settled a federal lawsuit, following Department of Justice allegations that the bank engaged in lending
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Turkish Prosecutor Requests Jail for Two Bloomberg Reporters

A Turkish court accepted an indictment from a prosecutor requesting a jail term of between two and five years for two Bloomberg reporters and 36
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Does refinancing your mortgage make sense as interest rates fall and why these couples say they'll …

Happy Thursday, MarketWatchers! Don't miss these top stories: Personal Finance. The filthy mistake you're likely making in the kitchen — and its
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Dark side of reverse mortgage industry: Predatory lending hits seniors

Nearly 100,000 reverse mortgages defaulted in recent years, a USA TODAY Network investigation found. Wrong incentives lure lenders and
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Amazon's HQ2 is already making Virginia county's housing prices skyrocket

The flood of prosperity Amazon's HQ2 was supposed to bring to Arlington, Virginia, is already causing housing prices to spike and inventory to contract
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A reverse mortgage can be a lifesaver

National Reverse Mortgage Lenders Association: USA TODAY overlooks that foreclosure is often the resolution after borrower passes away.
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America's 25 Least Affordable Housing Markets

According to a new housing report, median home prices in the first quarter of 2019 were not affordable for average wage earners in over 70% of the
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No More Daytime Drinking for Metals Traders as LME Bans Alcohol

The ban follows on from a similar zero-tolerance policy announced by Lloyd's of London in the wake of reporting by Bloomberg Businessweek that
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High-end housing demand drives Houston's median price to record level

The median price of a single-family home in Houston hit a record high in May as the housing market logged its fourth straight month of sales gains,
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Older homeowners are spending big on home improvements

Home improvement spending continues to trend upward, with the latest data from Harvard's Joint Center for Housing Studies putting the aggregate
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Rochester Named Hottest Real Estate Market

Realtor.com just released its list of hottest real estate markets in the country, and Rochester took the top spot. The website provides plenty of listings for
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How Banks Can Prepare Customers for Lower Mortgage Rates

As every mortgage lender knows, 30-year mortgages follow the 10-year treasury bond, and are highly related to the actions taken by the Federal
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Growing real estate trend trades off money for convenience

Growing real estate trend trades off money for convenience … one using Zillow Offers — one of the newest iBuyers to hit the Raleigh real estate scene.
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Puerto Rico housing market on upswing despite obstacles

SAN JUAN — After the impact of Hurricane Maria in 2017, Puerto Rico's housing market grew the following two years, registering a 78% increase in
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US housing finance chief says Congress should create explicit guarantee for Fannie, Freddie

… Agency said on Thursday that Congress should create an explicit guarantee for government-sponsored enterprises Fannie Mae and Freddie Mac.
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US Blames Iran for Oil Tanker Attacks as Gulf Tensions Climb

The Trump administration blamed Iran for attacks on two oil tankers near the entrance to the Persian Gulf as fears rise that high-stakes diplomatic
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Exam Cheats Cited in Three-Day Internet Shutdown in Ethiopia

Ethiopian authorities shut down the Internet for a third day to prevent students from cheating in national examinations. Access to the web was “totally
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Lawton-Ft. Sill Chamber updates community on housing market

LAWTON, Okla. (TNN) – Lawton is ranked in the top 15 of most affordable rental and sales markets in the nation. That's according to Zillow, an online
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POWER PLAYERS OF LAS VEGAS' REAL ESTATE 2019

It's time to pause and recognize those real estate movers and shakers who capture the spirit of Las Vegas and help make our market one of the most
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Save up Your Fortune

… can get the desired protection from a life insurance premium, while also having the ability to build their fortune over the course of their working lives.
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