SAO PAULO (Reuters) – The Inter-American Development Bank is seeking capital from shareholders and sovereign wealth funds to boost lending by its … Moreno said the multilateral, which unified its three private lending arms this month into IDB Invest, had already stepped up credit to the private sector
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St. Paul, Minn. (AP) — A second woman has accused Minnesota Sen. Al Franken of inappropriate touching. Lindsay Menz tells CNN that Franken placed his hand on her bottom as they posed for a photo at the Minnesota State Fair in 2010, two years into Franken's first term. The 33-year-old Menz told
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âNovember's builder confidence reading is close to a post-recession high â a strong indicator that the housing market continues to grow steadily,â NAHB Chairman Granger MacDonald said. âHowever, our members still face supply-side constraints, such as lot and labor shortages and ongoing building
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An investigation by the Daily Mail has found that thousands of people with endowment mortgages are facing the prospect of potentially having to sell their homes to cover a huge drop in the value of the investments designed to pay their mortgage off. In the 1980s and 1990s endowment mortgages sold
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A few years ago, Amazon.com Inc. triggered a robot arms race when it purchased a company called Kiva Systems, maker of automated warehouse robots. Now its would-be rivals are landing bigger and bigger cash injections to try to compete with the e-commerce giant. Locus Robotics, a spinoff of a
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A dog waits while a voter casts a ballot in a booth during the presidential election in Santiago, on Nov. 19, 2017. Photographer: Cristobal Olivares/Bloomberg. Chilean voters were spoiled for choice in Sunday's presidential election, with candidates ranging from a right-wing, religious fundamentalist to
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None of it, though, has slowed his rise. From a disclosed net worth of $124 million in 2001, the 68-year-old Wiener today has a fortune of $1 billion, according to the Bloomberg Billionaires Index. He's benefited from soaring property values as gentrification spreads to one city neighborhood after another.
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I know many of you have been looking for a place to live this year and maybe last year too. You cannot seem to find the exact one place and location that âtickles your wife's, finance', girlfriend or your fancy! It's surely very frustrating because we are at less than four months inventory (normal is six to
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As of September 30, 2017, the company's Agency Securities portfolio consisted of Fannie Mae, Freddie Mac and Ginnie Mae mortgage securities, substantially all of which are fixed-rate securities, and was valued at $7.1 billion on a trade-date basis. The book value at October 23, 2017, was estimated to
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The hot housing market is spurring spending on REO improvements, according to Altisource Portfolio Solutions' latest release of data from a default servicing survey conducted earlier this year. The vast majority or 93% of default servicing professionals are investing in REO rehabilitation, according to
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Investors Title logo Northern Trust Corp trimmed its stake in shares of Investors Title Company (NASDAQ:ITIC) by 5.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,216 shares of the insurance provider's
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Redwood Trust (NYSE: RWT) and PennyMac Mortgage Investment Trust (NYSE:PMT) are both small-cap finance companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, dividends, analyst recommendations, risk, institutional
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News Release. November 20, 2017. For immediate release. Contact: Philip Guarnieri, (845) 451-7802. Empire State Bank. To Open New Branches in Staten Island and Brooklyn, New York. Newburgh, New York â ES Bancshares, Inc., the parent company of Empire State Bank, announced today that the
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Paris, Frankfurt, Dublin race to host banking body after Brexit, sources says. Reuters … (Reuters) – Paris, Frankfurt and Dublin went into a second-round vote on Monday as the European Union picks a host city for the European Banking Authority once Britain leaves the EU, three diplomatic sources said.
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Tyson Foods Inc said it was putting on hold plans to build a chicken production plant in Kansas following opposition from local residents and the No. 1 U.S. meat processor said it would build a new $300 million facility in Tennessee. The company will continue to consider potential sites in Kansas for
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A title pawn company has agreed to pay nearly $200,000 in restitution for allegedly violating the Georgia Fair Business Practices Act and state laws governing title pawns. First American Title Lending of Georgia LLC was accused of suing customers who defaulted on their loans for outstanding principal,
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A holiday tradition, featuring the major ensembles performing festive music of the season!
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The Loan Origination System (LOS) has long been a fixture in mortgage lending organizations. Not only is it a place to perform many of the key tasks to complete a mortgage, it is often the system of record. Enter the recent explosion of fintech companies focused on the mortgage industry. How will LOSs
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The buyer sued the former attorney, title company and sellers, alleging, among other things, negligence. In support of his claims of professional negligence against the attorney and title company, the buyer obtained expert reports from an attorney with experience in residential real estate transactions and
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The leader of an independent federal agency that has targeted the tribal lending industry will be stepping down, opening the door for President.
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