GUEST COLUMN: Local, provincial polices may negate feds rental housing plan

GUEST COLUMN: Local, provincial polices may negate feds rental housing plan

In Toronto's booming housing market, there are myriad factors to consider before a construction crane enters a construction site. … and Housing Corporation (CMHC) program that provides low-cost loans to builders of rental housing, ostensibly to boost the rental supply in Canada's tightest markets.
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Singapore banks under scrutiny over coal lending

The Paiton coal-fired power station complex in East Java, Indonesia. A consortium of banks, including DBS, HSBC and Citigroup, was involved in a recent US$2.75 billion bond issue and loan for the complex. DBS recently became the first local bank to release a climate policy, but some feel this is not
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Pensioner scammed in mortgage loan fraud scandal

As a result, the financial services royal commission will now be raising the issue of fraud in the country's $1.7 trillion mortgage and assessing the role the Commonwealth Bank and Aussie Home Loans have each played in dodgy dealings. The Australian reports that Commissioner Kenneth Hayne said
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SWIFT Claims 'Huge' Progress As DLT Banking Pilot Concludes

Based on Hyperledger Fabric, the SWIFT trial focused on the use of nostro accounts, or bank accounts held by banks inside other banks. The proof-of-concept envisioned these “many-to-many” bank transfers, specifically examining how the system could meet requirements around governance, security
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Surprise housing hotspot of Australia

The Apple Isle capital Hobart recorded the strongest market conditions over the past year in terms of value growth compared to all other state capitals. The city's suburb of Mornington (approximately 7kms from the Hobart CBD) recorded the shortest days on market for house sales in the country,
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Private Client Lending Specialists at First Tennessee Bank

Summary: The PC Lending Specialist will work with the PC RM's and the credit underwriting and processing team.
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Malta property options for South African investors

South Africans are queueing for a piece of Malta property. This is according to Lance Cohen, luxury market specialist for Seeff Atlantic Seaboard, who says it is interesting that he is now getting as much demand for Malta property as he is getting for the luxury suburbs of the Atlantic Seaboard. Cohen says
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Flagstar Bank and Oakland University Partner to Educate Borrowers About Impact of Tax Reform

How will tax reform – in particular the cap on state and local tax deductions and the new cap on the mortgage interest deduction – impact the housing … Recently, mortgage lender Flagstar Bank announced a partnership to expand SEMEDC's analysis of key economic trends and bring its insights to a
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The RBA has pointed out a problem in Australia's property market that is artificially inflating prices

A research paper released by the RBA today suggests that restrictive zoning laws have had a key part to play in driving up property prices in Australia's major housing markets. To illustrate their point, analysts Ross Kendall and Peter Tulip broke down the value of a property into two components
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Rational Advisors LLC Has $1.13 Million Stake in Arlington Asset Investment Corp (AI)

Arlington Asset Investment logo Rational Advisors LLC boosted its position in Arlington Asset Investment Corp (NYSE:AI) by 38.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,434 shares of the financial
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Lending loop review reddit

2 out of 5. Author For those who have put money into Lending Loop. Lending Loop Review: First Thoughts (And My Experience) Using Peer To Peer Lending as a Canadian Investor using LendingLoop How Lending Loop Makes Money. lendingloop. [ UPDATE: Apple statement below the fold.
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Credit squeeze: NiravGate chokes banking system

Industry sources say when it comes to project loans, bankers are not willing to take any risk for the fear of prosecution in case if the loan book turns bad. They point out that some of the recent decisions by the RBI and the finance ministry may have only made things worse, creating an atmosphere of fear
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Commercial, multifamily mortgage delinquencies remain low in Q4

The five largest investor groups saw continuously low delinquency rates for commercial and multifamily mortgage loans in the fourth quarter, with rates remaining relatively flat from the third quarter, according to the Commercial/Multifamily Delinquency Report released by the Mortgage Bankers
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Houses change hands faster in Hobart than any other capital

The five fastest selling Hobart suburbs all recorded shorter average times on market than the top suburbs in any other capital city: nearby Warrane homes changed hands in seven days, while Bellerive, Howrah and Mount Nelson took just eight days. The Hobart property market has been running hot as
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Wetherby Asset Management Inc. Has $802000 Position in Baxter International Inc (NYSE:BAX)

The fund owned 12,408 shares of the medical instruments supplier's stock after buying an additional 2,623 shares during the period. Wetherby Asset Management Inc.'s holdings in Baxter International were worth $802,000 at the end of the most recent reporting period. A number of other hedge funds
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The risk lurking in the US mortgage market

A growing segment of the mortgage market is being financed by so-called non-bank lenders — financial institutions that offer loans to consumers but don't provide saving or checking accounts. Borrowers with poor credit have increasingly turned to these alternative lenders instead of traditional banks.
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Title Insurance Companies Focusing on Tech like Their Lives Depend on It

A digital property closing tool for title insurance companies Qualia just snagged $33 million from some serious Silicon Valley VCs. $33 million is a rather large amount for a company in a generally unsexy space of niche enterprise services. This and the participation of notable, seasoned investors like
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Apple Push to Clean Up Supply Chain Gained Momentum in 2017

Apple Inc. touted major improvements in labor and environmental practices across its vast global supply chain in 2017, as the world's most valuable company pressured factories to modernize and train workers on their rights. The iPhone maker's audit of 756 facilities in 2017 produced a 35 percent
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Liquidity crises in the mortgage market

Nonbanks originated about half of all mortgages in 2016, and 75% of mortgages insured by the FHA or VA. Both shares are much higher than those observed at any point in the 2000s. We describe in this paper how nonbank mortgage companies are vulnerable to liquidity pressures in both their loan
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On International Women's Day, Female Gender Symbol Lights Up City Skylines

Morgan Stanley, John Hancock, Ernst & Young, and Proctor & Gamble were among 34 companies that illuminated buildings with giant symbols of the female on the eve of International Women's Day as part of a global campaign to push for equality in the workplace. In all, 30 buildings carried the symbol,
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