Latest global banking news, June 15, 2022 | PaymentsSource | American Banker

Latest global banking news, June 15, 2022 | PaymentsSource | American Banker

The Financial Conduct Authority has issued new guidance that requires banks and building societies to assess the impact of changes to services,
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Mortgage Delinquencies Hit Another Record Low in March – Appraisal Buzz

In March, only 2.7% of U.S. mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a
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3 Simple Ways to Make $50,000 in Passive Income With Real Estate | The Motley Fool

Real estate can help build your passive income exponentially. REIT dividends and rental income can help you earn $50,000 or more each year quickly
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NMRLD Officials Attend 2022 Cannabis Banking Symposium

Cannabis Banking: Lessons Learned and Board Governance; and; Compliance Considerations. The National Association of State Credit Union Supervisors is
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Maryland Housing Inventory (and Costs) Ticking Upward – Conduit Street

'Freddie Mac reported that the 30-year rate has jumped to 5.23%, up from 5.09% last week. In May 2021, the average rate was 2.96%.
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Short Volatility Alert: Fortune Brands Home & Security, Inc. – Benzinga

On Tuesday, shares of Fortune Brands Home & Security, Inc. (NYSE: FBHS) experienced volatile short activity. After the activity, the stock price
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Qualcomm Wins Its Bid to Topple a $1 Billion European Union Antitrust Fine for Allegedly

The latest Tweet by Bloomberg states, 'Qualcomm wins its bid to topple a … (SocialLY brings you all the latest breaking news, viral trends and
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Paragon Bank Motor Finance lending up, first EV products

The half year saw the Group's first loans on static caravans, as well as its first products for financing electric vehicles. Total lending across the
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California Expands Mortgage Relief Program – NBC Los Angeles

… during the COVID-19 pandemic and uses money from the 2021 American Rescue Plan to help homeowners make their past-due payments. Video aired…
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1Kosmos BlockID Wins 2022 Banking Tech Award – Yahoo Finance

SOMERSET, N.J., June 15, 2022–1Kosmos BlockID was recognized for facilitating meaningful change to the way banks operate, build products and
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Engel and V̦lkers Okemo hires real estate advisor Rae Beaudette РVTDigger

She first held her real estate license in Chicago, where she ignited her passion for reworking interiors while staging homes for brokerages. She went
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NAHB: Builder Confidence Falls For 6th-Straight Month – National Mortgage Professional

… as rising inflation and higher mortgage rates curtailed prospective homebuyers, the National Association of Home Builders (NAHB) said today.
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How mortgage lenders are navigating life at 6% – HousingWire

The markets have been shaken to the core. And it's led to several sleepless nights for mortgage loan originators and mortgage executives.
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Investors Bought Record Share of Homes as Mortgage Costs Climbed – Bloomberg.com

Investors Bought Record Share of Homes as Mortgage Costs Climbed. Rising rates began to cool the housing market in the first quarter,
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Surging mortgage rates hitting first-time homebuyers 'the hardest': Real estate expert

Anywhere Real Estate's Ryan Schneider said soaring mortgage rates hurt first-time homebuyers the most and waiting for prices to go down isn't the
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Do Layoffs At Compass And Redfin Signal A Looming Real Estate Purge? – Inman

The ranks of the real estate industry have swelled over the past decade. Some experts who believe a trend in the opposite direction may be picking
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US Banking Group Selects Temenos Banking Cloud to Enhance its Investment in Midwest …

Headquartered in Treynor, Iowa, TS Banking Group is a multi-charter bank holding company, with $1.5 billion in banking and fiduciary assets and
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Nova Scotia man wins $1M after buying one 'extra' lottery ticket | Globalnews.ca

Nova Scotia man wins $1M after buying one 'extra' lottery ticket. By Karla Renić Global News. Posted June 14, 2022 1:01 pm.
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Redfin and Compass Lay Off Workers Amid Housing Decline – The New York Times

The real estate brokerages Compass and Redfin are both laying off employees, a sign that the housing market is cooling as higher interest rates
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Struggling to Pay Your Rent? Know Your Options – My Home by Freddie Mac

Freddie Mac Multifamily is working to address the affordable rental housing crisis by providing affordability, liquidity and stability to housing
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