Iraq awarded contracts for just over half of the energy deposits offered in an auction that failed to attract bids from most of the big oil companies that initially expressed interest. Crescent Petroleum Co. of the United Arab Emirates, China's Geo-Jade Petroleum Corp. and United Energy Group, with
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The program, which is designed for qualified low-and moderate-income borrowers, saw reasonable progress over the last few years, with Federal Housing Finance Agency Director Mel Watt telling Congress last year that Freddie's 3% down program (along with a similar one from Fannie Mae) was
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But there are ways around the housing market's high bar to entry, and one of them is a community land trustâa nonprofit housing system that buys up land and places it into community development for the purpose of ensuring long-term affordability. The CLT owns the land, and either sells or rents out
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TORONTO â Canada's housing sector is facing a high degree of vulnerability to market instability for the seventh straight quarter, with Toronto, Hamilton, Vancouver and Victoria shouldering the brunt of the risks. That's according to the Canada Mortgage and Housing Corporation, which analyzed
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Beloved South L.A. cafe Revolutionario is humming during most hours of operation. Customers are drawn to the delicious fusion fare that fits North African flavors and ingredients into fun, familiar dishes like tacos and quesadillasâand to the hospitality of Farid Zadi and Susan Park, the married couple
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National home prices increased 9.1% during the first quarter, but local home prices in nearly half of all major housing markets are still below their peak … buyers may face fewer affordability challenges in these cities, especially with rising mortgage rates creating additional cost hurdles for consumers.
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Lee Bank was recognized for being the agency's top producer of loans in Berkshire County in 2017. The bank produced 16 loans worth $1.7 million last year, according to the state agency. Adams Community Bank was recognized with a MI Only Rising Star award for using MassHousing mortgage
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GUESTS: Ken Weissenberg Partner EisnerAmper Real Estate Practice Discussing real estate trends from the EisnerAmper Global Leaders in Real Estate Summit West in San Francisco. Justin Guichard Managing Director Oaktree Capital Management Discussing discusses challenges facing real estate
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ConsenSys, a blockchain software technology firm founded by Ethereum co-creator Joseph Lubin, and open-source development group OpenLaw Core have created a new method for processing real estate sales on Ethereum's immutable blockchain network.
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The Amazon.com Inc. founder added $12 billion to his fortune as the company's shares surged 6.3 percent to $1,614 in extended trading at 4:33 p.m. in New York — on top of a 4 percent gain during the regular session — after the retailer reported results that beat Wall Street estimates. That lifted Bezos's
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The housing sector normally performs better in the key spring selling season, which is considered the peak time for home sellers. Normally, the season starts in March and lasts through May-June thanks to warmer weather after a chilly winter and buyers' inclination to move to a new house before the
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Long-term U.S. mortgage rates continued to climb this week, reaching their highest level in more than four years, and denting prospective home purchasers' prospects amid the spring buying season. It was the third straight week of increases for long-term mortgage rates. Mortgage buyer Freddie Mac
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The OneRoof website enhances New Zealand's latest real estate with the latest property and market insights to help make your property decisions easier. Local schools, crime stats, commute times, property values, market trends, mortgage calculators and an open homes planner are all included.
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The bank on Thursday announced plans to significantly reduce its workforce through the rest of this year, following its report of 120 million euros ($146 million) in first quarter net profits â versus 575 million euros in the prior year period â and a 5 percent drop in revenues. Revenues for all businesses
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Southwest Airlines says it has seen a decline in bookings on the airline following a fatal accident last week where a passenger was killed, The Wall Street Journal reports. The incident marked the first airline fatality on a U.S. carrier in nine years and occurred when an engine on the plane blew, breaking
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Hangzhou Alpha Technology (OKCHEM), an e-commerce platform specializing on chemical product trade, set up a booth at Morocco's annual International Agriculture Exhibition, held in the northern city of Meknes, to promote the “fertilizer group-buying” to local farmers. “Group-buying” offers a product
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Employees at three Wells Fargo's auto lending offices in Rancho Cucamonga and Irvine are deciding whether to stay or go as the bank shifts work to hubs out of state. On April 20, the San Francisco-based bank settled charges relating to bad auto insurance loans that came to light last summer.
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Some consumers paid more than they expected on their loans, and this week they're seeing some repercussions for their lender. LendingClub LC, +3.52% a company that pairs borrowers and investors for peer-to-peer lending, was sued by the Federal Trade Commission this week, after regulators said
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Capstead Mortgage Corporation (NYSE:CMO) Q1 2018 Earnings Conference Call April 26, 2018 9:00 AM ET. Executives. Lindsey Crabbe – IR. Phillip Reinsch – President and CEO. Robert Spears – EVP and CIO. Analysts. Eric Hagen – KBW. Steve DeLaney – JMP Securities. Operator. Good day and
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White House doctor and Rear Admiral Ronny Jackson's tumultuous nomination by President Donald Trump to lead the Department of Veterans Affairs (VA) came to an abrupt end Thursday. Jackson withdrew his VA nominationâwhich had already taken some by surprise given his lack of government
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