Housing weakness could produce a shock in Australia's next GDP numbers

Housing weakness could produce a shock in Australia's next GDP numbers

Credit Suisse analysts are forecasting a large miss in Australian economic growth for the December quarter. And the recent housing downturn forms a central part of their analysis, as consumers reduce spending amid cooling house prices and other areas of the economy fail to pick up the slack.
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AP PHOTOS: Lion dance in Singapore ahead of Lunar New Year

This is believed to bring fortune and luck. These performers from Vietnam, Singapore, Myanmar, Indonesia, Hong Kong, Taiwan and Malaysia gathered in Singapore to compete against one another and are judged on their skill, grace and musicality amongst other things. (AP Photo/Wong Maye-E).
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Garrison Bradford & Associates Inc. Trims Holdings in Blackstone Mortgage Trust Inc (NYSE:BXMT)

Blackstone Mortgage Trust logo Garrison Bradford & Associates Inc. lowered its stake in Blackstone Mortgage Trust Inc (NYSE:BXMT) by 1.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 389,493 shares
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Banks fought credit union bond curbs

The banking industry lobbied unsuccessfully to block regulations that prevent credit unions from investing in certain bank bonds. Rules finalised by the Central Bank of Ireland last week will prevent credit unions from investing in any bank bonds whose holders would not be bailed out by the taxpayer in
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Catskills takes chance opening $900M hotel and casino

Resorts World already operates the video lottery parlor at Aqueduct Racetrack. Rieber said the casino has brought benefits to the area, including nearly 1,300 jobs and a surge in the area's housing market. “We are bullish,” Rieber said. “I think this is a going to be an extraordinary success for this region.”
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Deutsche promotes sponsor bankers

Deutsche Bank has appointed Duncan Mann and Apurva Shah as co-heads of APAC Financial Sponsors & SWF Group. Mann and Shah will be jointly responsible for “driving the bank's ambitious agenda with this important client group across the APAC region,” according to an internal memo sent to
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Dozie: Traditional Banking Infrastructure Can Only Provide Limited Services to Customers

The recent appointment of Diamond Bank Plc as a forum member advisor to the World Economic Forum is no mean feat. The forum, which aims to shape global, regional and industry agendas to deliver WEF's mission of improving the state of the world, has its membership by invitation. By standards, the
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Sunny housing report in greater Charleston draws agents to Realtor group's yearly findings

What two respected economists had to say about the climbing local jobs rate and rock-solid housing market was “very encouraging,” says Lori Claussen, Realtor with NV Realty Group. “I think (the market) is looking up, because of the high demand for houses,” says Obed Danjoint, associate with
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Fidelity National Financial Inc Profit Drops In Q4

FNF, through its subsidiaries, provides title insurance, mortgage services and diversified services. The Company's Title segment offers title insurance, escrow, and other title related services, including collection and trust activities, trustee sales guarantees, recordings and conveyances, and home
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My mortgage company issued a new 1098 form. The first form I sub…

You can follow the instructions below to prepare your amendment and enter the correct mortgage interest amount (I would check with your m…
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Life in the Fast Lane

The fact is today's evolving customer relationship management (CRM) technology enables mortgage salespeople to feed the sales pipeline and stay compliant with the requirements of doing business. The only trouble is many lenders aren't leveraging the right technologies, nor do they understand how
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New York Mortgage Trust (NYMT) Receiving Somewhat Favorable News Coverage, Analysis Finds

Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. New York Mortgage Trust earned a media sentiment score of 0.19 on Accern's scale. Accern also assigned news articles about the real estate investment trust an impact
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Don't let your interest-only mortgage end the house party

It is a nightmare facing thousands of homeowners: you have just a few years left on your interest-only mortgage but no way to repay it when the term comes to an end. What do you do? This was the conundrum for Barry and Marie Brigham when they realised there was only five years left on their
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Real estate office open in Red Springs

RED SPRINGS — A new business has come to town to assist people with their real estate and property management needs. Liberty Realty Group LLC is located in the Ransom-Locklear Professional building, located at 239 S. Main St. in Red Springs. It is owned and operated by Chris Locklear and Dr.
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Business notebook: West Texas Lighthouse for the Blind honored

The board of directors of First Financial Bank has announced that Vance Jones has been elected executive vice president and manager of the bank's River Oaks branch. Tim Collard, the current senior lender and manager of the River Oaks branch, has been promoted to executive vice president of First
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Cashless and Careless: Digital Payments and Silent Bank Runs

Mobile payment, facilitated by services like Chase QuickDeposit and Citi Electronic Check Deposit (ECD), has exploded recently. It's estimated that for the last seven years, online banking enjoyed a 4 percent annual growth rate, with 66 million households entering the fold. Since 2009, the number of
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Millennials can shift the housing debate

All of this impacts society, including the housing market, in unprecedented and often unpredictable ways.” The meltdown in the fall of 2008 impacted millions of people financially, losing their jobs and their homes. How much of an the effect of the great recession was felt, emotionally and psychologically
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Lenders' price war heats up despite bank rate rise

The Bank of England has finally begun to raise interest rates, but lenders have sprung a surprise by cutting the cost of mortgages even so. NatWest last Tuesday became the latest bank to slash many of its deals, joining other high street lenders including Barclays and First Direct. HSBC has also lowered
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Wizzle – Bank-in-a-Box on the Blockchain as an Interface between the Crypto and Fiat worlds

crypto-blather hits the road. on that front. Not only will cryptocurrencies individually and as a class be regulated this year in several countries, but the interchanges between such crypto-denominated assets and the traditional fiat-driven, banking world are also where regulation has already begun to make
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EverWest Real Estate Investors

Overview. Acquired by. Great West Lifeco. CB Rank (Company). 434,020. EverWest Real Estate Investors. A wholly owned subsidiary of GWL Realty Advisors. Operating Status. Active. Funding Status. M&A. Website. everwest.com/
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