In the top buyers' markets, homes sold for an average of $297,794, $16,375 below their asking price. Homes in those markets took an average of two weeks longer to sell than the national average. For buyers, âmarket conditions are challenging,â Owners.com noted, but also said that one thing that could
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The Federal Housing Administration (FHA) is ceasing to insure mortgages on homes participating in the Property Assessed Clean Energy (PACE) program, the U.S. Department of Housing and Urban Development (HUD) recently announced. Through the program, homeowners can finance
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The Fed is expected to continue working to shrink the agency's balance sheet, including MBS issued by Fannie Mae, Freddie Mac, and Ginnie Mae. However, some believe even more drastic changes are needed for the GSEs. Ginnie Mae Acting President Michael R. Bright spoke before the House
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BERC's report is funded by Tennessee Housing Development Agency. The quarterly report offers an overview of the state's economy as it relates to the housing market and includes data on employment, housing construction, rental vacancy rates, real estate transactions and mortgages, home sales and
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The House Financial Services Committee is considering a slew of bills today, including one offered by the panel's chairman, Jeb Hensarling, R-TX, which would ensure Fannie Mae and Freddie Mac function with no reserve capital, using a housing trust fund that helps struggling workers as the
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Capital International Investors increased its holdings in Discover Financial Services (NYSE:DFS) by 53.5% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 477,207 shares of the financial services provider's stock after buying an additional
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A huge Thank you to Santa's Helper Sponsor Chris Middick with State Farm Insurance as well as Parade Sponsors K & S Service Station, Steven M. Ellis Tax & Accounting, Very Good Coffee Co., Crawford Abstract & Title Co., Frederick Mini Storage, BancFirst and the City of Frederick; Candy Sponsors
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Aptiv, the parent company of local self-driving car company nuTonomy, plans to open a multi-floor office in Boston that will have an approximate capacity of 300. The company announced its plan on Tuesday to open a technology center in Boston, which will join Aptiv's other centers in Pittsburgh and
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Ever since the Chinese government banned Facebook in 2009, Mark Zuckerberg has been making annual trips there attempting to persuade its leaders to let his company back in. He learned Mandarin and jogged through the smog-filled streets of Beijing to show how much he loved the country.
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There's a new feature on Instagram that makes it a bit easier to find content centered on a variety of topics. In an update on Tuesday, the Facebook-owned app now allows users to follow hashtags. If folks are interested in dogs, food, or just about anything else that's been shared on the site, they can
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The demand for affordable housing is being driven by factors like a burgeoning urban population, a rising share of low-income and middle-income groups in the total population, and the slowdown in the high-end housing segment. In order to bridge the demand-supply gap, the central government has
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Bangladesh's finance minister has said he wants to “wipe out” the Philippines bank linked to a cyberattack that left the country's central bank $81 million out of pocket. As reported by the Dharka Tribune, the Bangladesh government is considering lodging a court case against Rizal Bank, which was used
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Looking at the universe of stocks we cover at Dividend Channel , on 12/14/17, TPG Specialty Lending Inc (Symbol: TSLX), Validus Holdings Ltd (Symbol: VR), and MB Financial Inc (Symbol: MBFI) will all trade ex-dividend for their respective upcoming dividends. TPG Specialty Lending Inc will pay its
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As a momentum indicator, the Williams R% may be used with other technicals to help define a specific trend. Taking a look at another technical level, Crombie Real Estate (CROMF) presently has a 14-day Commodity Channel Index (CCI) of -9.77. Typically, the CCI oscillates above and below a zero line
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Mike Lee, a 15-year veteran of the residential mortgage business, has joined Planet Home Lending as senior vice president of national production. Lee is also a member of the company's executive committee. Previously, Lee was executive vice president for the Western U.S. at Cross Country Mortgage,
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Law360, New York (December 12, 2017, 1:47 PM EST) — Arnold & Porter Kaye Scholer LLP's Howard Cayne has scored several wins representing the Federal Housing Finance Agency before state and federal courts in the past year, including defeating attempts by Fannie Mae and Freddie Mac
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Lisa Wurth, a Benchmark realtor and the past president of the Williamson County Association of Realtors, discussed some of the trends in real estate. âWe're going to see a continued appreciation on property values,â Wurth said. Although, she noted it would likely slow a bit due to the rapid growth over
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Stratton Exteriors, a well-respected member of the Nashville building and real estate community, is pleased to announce a brand new eBook, âHome Remodeling Trends that Will Take You Into 2018 in Style.â The new eBook is designed to help discover new trends for the living room, dining room,
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19 with the foreign investment data for Toronto and Vancouver, which together account for about 50 percent of home sales by value. Watch: Don't scapegoat foreigners for … Our weekly newsletter delivers the news and analysis you need on Canada's housing market. Sign up below and don't miss an
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The votes are still being counted, but early results on Tuesday show that . . . The Last Jedi is one of the highest-rated Star Wars movies ever, according to Rotten Tomatoes. The movie reviews aggregator made the announcement shortly after Walt Disney and Lucasfilm lifted the press embargo on critics'
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