Illinois political climate impacting real estate industry

Illinois political climate impacting real estate industry

Tony McCombie, who also works as a Realtor for Mel Foster Co. and a real estate appraiser, said common complaints about Illinois' government can deter potential home buyers especially when they could live across the border in Iowa, Wisconsin or Indiana. “In Illinois, we are our worst own enemy.
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Acacia Plunges After US Bans Component Sales to China's ZTE

Acacia Communications Inc. plunged after the U.S. banned American companies from selling components to China-based ZTE Corp. for seven years. Bloomberg's David Wilson reports on “Bloomberg Markets.” (Source: Bloomberg). Terms of Service Trademarks Privacy Policy ©2018 Bloomberg L.P. All
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NY mortgage regulator warns rent-to-own could be predatory lending

The New York State Department of Financial Services is warning that alternative home purchase finance agreements might be a cover for predatory mortgage lending practices by unlicensed entities. Consumers who had problems obtaining mortgage financing have been turning to alternatives like
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“Rampage” lives up to its title, for better or worse

The main villains are the heads of a genetics company who performed DNA editing experiments secretly in space. The fruits of their labor crash-land on Earth, changing George, a wolf and a crocodile into gigantic, rage-fueled monsters. The heads of the genetics company are insufferable, played so
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SpaceX and NASA Delay Launch of Planet-Hunting Satellite TESS

SpaceX and NASA have delayed a major satellite launch. The Elon Musk-led aerospace company said Monday that it had postponed a scheduled Monday launch because it must conduct additional testing related to the mission's guidance, navigation, and control systems. SpaceX did not elaborate
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LaSalle closes latest Asia opportunity real estate fund at $1.15 billion

LaSalle Investment Management closed the LaSalle Asia Opportunity Fund V, a closed-end, Pan-Asian opportunistic real estate fund, at $1.15 billion, a spokesman said. The total exceeds the fund's $750 million target. The fund seeks to take “advantage of mispriced assets with opportunities to add
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Congress could give bank shareholders a $53 billion gift

If the House follows suit, banks that already have enough cash will be able to celebrate by paying fatter dividends and share buybacks. Freed from the enhanced regulations, these lenders could ramp up shareholder payouts by as much as $53 billion altogether, according to S&P Global Market
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Builders optimism sliding

The average rate on 30-year, fixed-rate mortgages edged up to 4.42 per cent, mortgage buyer Freddie Mac reported Thursday. Rates have ticked steadily higher ahead of the traditional spring home buying season which is just now beginning to ramp up. While the National Association of Realtors
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Deutsche Bank ordered to calculate cost of investment banking EXIT

Deutsche Bank has been looking into the financial implications of quitting investment banking for some time and the bank's chief financial officer suggested Deutsche is the first in the queue for the ECB. The point of the exercise is to estimate how the value of Deutsche Bank's capital market and
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BBVA Colombia Secures $150 Million USD Loan from IFC to Put Toward Housing Finance in …

BBVA Colombia has secured a $150 million USD loan from the International Finance Corporation (IFC) that will be in turn put toward financing housing loans within the Andean country. IFC, which is part of the World Bank Group, said that the financing has the ability to help contribute to both the housing
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Investors Title Company (ITIC) Forms Ascending Triangle at $196.20

Livingston Gp Asset (Operating As Southport Capital Management) owns 0.49% invested in Investors Title Company (NASDAQ:ITIC) for 6,449 shs. Whittier Tru … Trading at $196.20 Investors Title Company (ITIC) formed triangle with $190.31 price target or 3.00 % below today's price. The stock has
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Oppose SJ Res. 57, the CRA Resolution of Disapproval on Auto Lending Guidance

The CFPB is the first and only regulator to directly address this discrimination by focusing on its underlying cause: dealer interest rate markups, in which car dealers receive a substantial bonus from lenders for increasing the interest rate on car loans, going above the rates for which borrowers otherwise
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Small business lending environment has changed little this year

The lending environment for small and mid-sized businesses has changed little this year compared with the end of 2017. That's according to a survey of 1,237 companies taken during the first quarter and released Monday by researchers at Pepperdine University's Graziadio School of Business and
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Homebuilder sentiment slips in April due to pressure from tariffs and rising prices

The nation's homebuilders should be ecstatic about their market. Demand is high and supply is painfully low. Builder confidence, however, is slipping, as costs for materials rise. A monthly index of builder sentiment from the National Association of Home Builders fell 1 point to 69 in April. That is the
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6 investigates: Mortgage company withholds Hurricane Harvey insurance money

TWIA sent a check for the agreed amount. When it arrived, the check required that Kendrick receive an endorsement from his mortgage company – Selene Finance, out of Houston. But instead of endorsing it, Selene Finance asked Kendrick to sign over the check because it had an interest in the property
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Trump Nominates Rich Clarida to Become Fed Vice Chair

Bloomberg's Mike McKee discusses the nomination of Rich Clarida to become the vice chairman of the Federal Reserve. He speaks on “Bloomberg Markets.” (Source: Bloomberg). Terms of Service Trademarks Privacy Policy ©2018 Bloomberg L.P. All Rights Reserved. Careers Made in NYC Advertise
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BofA Shows Upside on Further Cost Cuts, Analyst Says

Steven Chubak, Instinet bank analyst, discusses first-quarter results from Bank of America. He speaks with Bloomberg's Jonathan Ferro on “Bloomberg Markets: The Open.” (Source: Bloomberg). RELATED ARTICLES. What We've Learned From Bank Earnings So Far · BofA Shares Drop With Wall Street
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BlackRock CEO Larry Fink Is Now a Billionaire

BlackRock Chief Executive Officer Larry Fink's personal fortune has at last eclipsed $1 billion, according to the Bloomberg Billionaires Index. Bloomberg's Erik Schatzker reports on “Bloomberg Markets.” (Source: Bloomberg). RELATED ARTICLES. Wall Street's $6 Trillion Man Fink Is Finally Worth $1
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Nike's Head of Diversity Leaves During Review of Corporate Culture

“We are committed to evolving our culture and making Nike an environment focused on respect, equality, inclusion and empowerment,” Monique Matheson, who became chief human resources officer in July, said in a memo to employees earlier this month that was obtained by Bloomberg News.
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Investors Title Company (ITIC) Is Forming Bearish Ascending Triangle Chart Pattern at $196.20

Investors Title Company (ITIC) Is Forming Bearish Ascending Triangle Chart Pattern at $196.20. April 16 … 2 investors sold all, 20 reduced holdings as Investors Title Company ratio increased. … Wells Fargo Company Mn holds 0% of its capital in Investors Title Company (NASDAQ:ITIC) for 37,173 shs.
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