House Hunting in … the Bahamas

House Hunting in … the Bahamas

Foreign buyers face no restrictions on real estate purchases. Local financing is available, though at terms that might be less attractive than those in the
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RBS reaches $5.5B settlement with FHFA

The Federal Housing Finance Agency (FHFA), as conservator of Fannie Mae and Freddie Mac, today announced it has reached a $5.5 billion
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Comment Letter to Freddie Mac on its Draft Duty to Serve Underserved Markets Plan

Enterprise strongly supports the final Duty to Serve rule, and we applaud both FHFA and Freddie Mac for engaging stakeholders and soliciting input
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Skipton launching new 0.99% two-year fixed rate mortgage

Skipton Building Society is launching a new two-year fixed-rate mortgage, offering a 0.99% interest rate if you're borrowing 60% of your home's value.
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Habitat for Humanity

1st Constitution Bankers Become Builders. NJBankers Build is an initiative designed to bring banks together in a partnership with Habitat for Humanity
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Do Analysts Think You Should Buy MGM Resorts International (NYSE:MGM) Stock?

MGM Resorts International (NYSE:MGM) closed July 11 at $31.43, down -8.47% or $2.91 from its record high price of $34.34. Looking at the other side
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A big deal in nonprime mortgages proves leery investors are finally hungry again

The number of nonprime mortgage-backed securities totaled $1.08 billion in the second quarter of this year, according to Inside Mortgage Finance.
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AHV to Expand Its Single-Family Rental Model

Zillow reports that 86% of Americans renters cannot afford to become home owners, and Freddie Mac predicts that American homeownership could
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Zillow invests $10 million in virtual interior design app Hutch

Over the last few years, whenever the Zillow Group wanted to grow, the real estate giant went the acquisition route. Whether it was paying $108 million
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Three big banks raise prime lending rates

TORONTO — Three of Canada's biggest banks are boosting their prime lending rates by 25 basis points, following an interest rate hike from the central
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Are APIs the new goldmine for banks?

The future of banking is being completely altered by the Payment Services Directive 2 (PSD2) which comes into play in January 2018. PSD2 opens
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GSE rep and warrant relief tools will improve underwriting: Fitch

Fannie Mae and Freddie Mac's efforts to provide representation and warranty relief to lenders that perform automated data validations before loans
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Ethereum prices bounce back: What is ether and how can you invest in the cryptocurrency?

“Cybercurrencies may make online purchasing and international money transfers marginally more efficient in theory, if hardly in practice. Would you
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Banking sector posts profit dip

New Zealand's banking sector has posted a collective 2.85% decline in quarterly after tax profit, declining from $1.24billion to $1.2billion, while gross
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Tammy Kennedy Named Manager of New Castle & Cooke Mortgage Mississippi Branch

Castle & Cooke Mortgage has expanded into the state of Mississippi with the opening of Castle & Cooke Mortgage has expanded into the state of
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Mortgage Website Gives Back to Veterans with $5000 Homeownership Award

BELLEVUE, Wash., July 12, 2017 /PRNewswire/ — For over a decade, The Mortgage Reports (TMR) has been offering expert advice on home finance
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Israel Seeking Saudi Flight Deal to Bring Pilgrims to Mecca

Muslim worshippers pray at the Kaaba, Islam's holiest shrine, at the Grand Mosque in Saudi Arabia's holy city of Mecca on June 23, 2017.
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The head of Silicon Valley's largest startup accelerator is recruiting candidates for the 2018 …

For housing, he pointed to a system in Vancouver known as the international buyer's tax, which places a huge tax on non-Canadian citizens buying
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Consumers First Title

Ten years ago today Consumers First Title was founded on one simple premise, to be the best servicing title company in the industry by putting the
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Christie's Bridgegate Ally Is Sentenced to Three Years of Probation

David Wildstein, former director of interstate capital projects for the Port Authority of New York and New Jersey, exits federal court in Newark, New
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