Impact of investor retreat from housing market evident in building activity

Impact of investor retreat from housing market evident in building activity

With investors having been the target of a number of regulatory interventions, the impact on residential building activity is now evident, according to Geordan Murray, senior economist with the Housing Industry Association (HIA). Murray cited data from the Australian Bureau of Statistics (ABS), released
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Should you bank your baby's umbilical cord blood? Here's a guide for thinking through the issue.

In 2015, the American College of Obstetricians and Gynecologists put out an opinion that, at this point, the science doesn't support routine cord banking. As such, cord banking shouldn't interfere with normal obstetric or neonatal care, including the timing of cord clamping. “The routine storage of umbilical
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Tech Today: Zuck's 'Uneventful' Day, Apple's AI Ambition, Buying Tower Stocks

And fourth, “the simple reality that Sprint doesn't appear to have a path to sustainability.” SunTrust Robinson Humphrey's Greg Miller urges investors to buy the stocks of the tower companies, American Tower (AMT), Crown Castle International (CCI), and SBA Communications (SBAC). “Ultimately, we see
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Nationstar Mortgage fined $5M for NY bank law violations

Regulators in New York have fined Nationstar Mortgage $5 million for violations of the state's banking rules. State Department of Financial Services Superintendent Maria Vullo announced the action Wednesday. In addition to the fine, the Dallas-based mortgage servicing company has agreed to donate
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Deutsche Bank renews Illinois sec lending service deal

The Illinois State Treasurer's Office has renewed an agreement to receive securities lending services from Deutsche Bank, following a competitive request for proposals process. The renewal follows a 10-year third-party securities lending relationship between the State Treasurer's Office and Deutsche
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Mark Zuckerberg's Natty Apparel and Other Takeaways From a Day on Capitol Hill

This is the web version of Data Sheet, Fortune's daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. I swear I tried to get interested in Mark Zuckerberg's congressional testimony Tuesday. I couldn't. I loved his exchange with Dick Durbin, who got the Facebook CEO
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Westpac crackdown on lending standards

From mid-April, the second-largest bank in Australia will ask brokers to collect more detailed information on borrower expenses, including media streaming service costs and gym membership fees. The move comes as the banking royal commission zeroes in on irresponsible lending and mortgage fraud,
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UPDATE 2-Egypt sets local wheat price in line with int'l markets, angering farmers

CAIRO, April 11 (Reuters) – Egypt set its local wheat buying price at 570-600 Egyptian pounds ($$32-$34) per ardeb on Wednesday (150 kilograms), tying it to international prices but angering farmers who warned it could push them to grow other more profitable crops next season. Egypt, the world's
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Lenders Ease Credit Standards as Home Prices, Rates Rise

For example, according to The Wall Street Journal, Fannie Mae and Freddie Mac have been doing things such as backing loans by lenders that pay down a buyer's student loans and making it easier for self-employed borrowers to get a mortgage. In the summer, Fannie Mae raised the debt-to-income
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Zillow: Black Homebuyers Face Fewer Affordable Options

Zillow also determined that a buyer earning the median national income of $58,978 could afford to buy 74.2 percent of available homes last year. Buyers with the median Asian household income could afford to buy 85.2 percent of homes that were for sale in 2017, while those with the median white
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Trump Can Help American Workers. His Trade War Won't.

Here are some better ideas: Offer training and tax incentives to workers. Remove barriers to employment. Invest in infrastructure. by. Michael R. Strain. @MichaelRStrain More stories by Michael R. Strain. April 11, 2018, 7:05 AM PDT. Chinese President Xi Jinping gave a major address Tuesday that
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Analysts weigh in on the future of the Australian housing market

Analysts have expressed conflicting views on the future direction of the Australian property market, with UBS arguing that a major slump in mortgage borrowing power is on its way and AMP forecasting further price falls this year. Capital city house prices fell 0.2% in March, the fifth-consecutive monthly
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What P/E Ratio is Telling To Potential Investors – Valeant Pharmaceuticals International Inc (NYSE …

Shares were mixed in Asia on Wednesday, trading in a narrow range after overnight gains following conciliatory comments on trade by Chinese President Xi Jinping. Xi's pledge to cut tariffs on imported cars and improve intellectual property protection was seen as a step toward easing trade tensions.
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Q&A: Real Estate Agent Kelsey Kroon on What Millennial Home Buyers Want

Real estate is . . . an investment that the vast majority of people make in their lifetimes, so it is important to learn and understand. Real estate is in alignment with my passions—a combination of architecture, interior design, marketing, business, market trends/forecasting, and working with people with effort
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DA: Fame, fortune motivated mother charged in sons' stabbing

BROCKTON, Mass. – Prosecutors say a Massachusetts mother charged with fatally stabbing her two sons with a kitchen knife may have done it for money and potential notoriety. The Enterprise reports that prosecutors said during 43-year-old Latarsha Sanders' arraignment Tuesday that the Brockton
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Gardner hangs his hat – Perry bids farewell to real estate community

After 46 years of being a staple to the real estate community, Perry Gardner is retiring. Upon graduating from Brigham Young University in 1972 with a dual bachelor's degree in business and accounting, he obtained his real estate license and started Go Real Estate. He later joined Coldwell Banker and
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10 Reasons the Cup Series Might Be Better Without a Title Sponsor

Even if Monster Energy is no longer the title sponsor, there's no reason to think that the company won't continue to participate. They already sponsor the No. 41 Stewart Haas Racing Ford of Kurt Busch for multiple races. They could potentially increase their involvement at SHR. Perhaps they take on a
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Berlin has the fastest rising housing prices in the world, study finds

However, that Berlin ranks as the city with the fastest rising real estate market in the world is a staggering statistic for the capital's inhabitants. According to a Global Residential Cities Index from British consulting firm Knight Frank, real estate prices in the rest of the world aren't rising at even nearly the
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ValuEngine Upgrades Town Sports International (CLUB) to Buy

Town Sports International (NASDAQ:CLUB) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday, April 3rd. Several other research firms also recently weighed in on CLUB. Imperial Capital reissued an “outperform” rating
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Kyrylo Shevchenko: New strategies for fostering progress of Ukraine's banking sector

KIEV – Media center of Segodnya.ua hosted an interview with Kyrylo Shevchenko, Chairman of Board at JSB UKRGASBANK, laureate of the national award Person of the Year 2017, nomination Financier of the Year. Barring the shocks of economic crisis and the failure of the banking system at large,
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