The site, just south of I-595, sits near an active landfill. Prior to the sale, the the Fort Lauderdale Police Department used the property, which originally served as a composting site, for motor vehicle training. Liberty Property Trust has recently been turning its focus on industrial real estate. In October 2016
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In a move that prominent Democrats and fair housing experts are calling disastrous for the AFFH Rule, HUD plans to announce Friday that it is delaying the deadline for local governments to submit their fair housing evaluations by one year. âThe U.S. Department of Housing and Urban Development is
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Aspiration is an online financial firm with a conscience. We offer banking and investment products that let you make money and a difference in the world. Our products include Money Magazine's âBest Checking Account in Americaâ and 100% fossil-fuel free, sustainable investments. We donate 10% of
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Senior advisers to President Donald Trump are debating whether to press for the ouster of former aide Katie Walsh from a pro-Trump political group and the Republican National Committee over disparaging comments attributed to her in a forthcoming book on the White House, two people familiar with
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A little more than four years ago, Coupa Café, a caramel-macchiato joint in Palo Alto, began accepting bitcoin. This was shortly before the first big bitcoin rush briefly pushed the cryptocurrency's price from about $100 to more than $1,000. At the time, two or three Coupa customers a week would pay their
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Look into switching mortgage at least three months before your initial term ends – When the initial term of a mortgage ends, lenders transfer customers onto their Standard Variable Rate (SVR). Set a reminder to look into your options with a broker three months before your initial term ends to avoid paying
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Under the new rules, even home buyers who don't require mortgage insurance because they have a 20 per cent down payment, will have to prove they can afford their mortgage if interest rates rise above Bank of Canada's five-year benchmark rate or two per cent or more higher than their existing
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Sears Holdings (shld, -4.65%) said on Thursday it was closing 103 more namesake and Kmart stores this year in the umpteenth round of store shutterings in the last two years. The retailer told employees in a note posted to its web site it was closing 64 Kmart locations and 39 Sears stores. The latest
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Melinda Winchester has joined the team of The Paducah Bank and Trust Company as Private Banking Relationship Associate. Winchester has an MBA from the University of Phoenix, and is a graduate of Southeast Missouri State University with a Bachelor of Science in Historic Preservation. At SEMO
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The Trump administration disbanded a federal advisory committee on climate change last year but the scientists on the panel won't be deterred. They're taking their research elsewhere. Columbia University's Earth Institute has hired one of the committee's researchers, Richard Moss of the University of
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Listing Principle Real Estate Amsterdam rental properties in Amsterdam and surroundings available from â¬1500 p/m.
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They are basically saying the jury is still out on marketplace lending. It is still untested in a recession which is the most common criticism levied against our industry and one we can do little about. I disagree with the misalignment of incentives point but I know many industry observers who believe that is a
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The national average for a 30-year fixed-rate mortgage is just under 4 percent this week, well below historical norms and down from 4.2 percent at the beginning of 2016, according to Freddie Mac. Yun predicted the mortgage rate would rise modestly this year. For his part, Dotzour said he could only
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One cattleman banking on another good year is Stewy Loudon. He runs a brahman-brangus cross herd in the green hills shadowed by Mt Bartle Frere, Queensland's highest mountain, near Innisfail. A former miner, ringer and butcher, Mr Loudon can't see why there should be any sudden downturn in
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As alternative lending matures into what some in the industry are calling “alternative lending 2.0,” we look at the sector's evolution since 2005.
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Freddie Mac has developed another product that transfers the credit risk on mortgages before they are securitized. It is an iteration of ACIS (Agency Credit Insurance Structure), a reinsurance contract used to transfer the risk on mortgages that have already been securitized. Like ACIS, the new product,
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A million-dollar settlement has been reached and Alabamians may be able to cash in after officials say a national mortgage corporation improperly serviced mortgage loans. According to Attorney General Steve Marshall, Alabama and 48 other states reached the $45 million-dollar settlement with PHH
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The Bay Area is likely to see more banking consolidation in 2018 as community banks seek greater economies of scale and growth by purchasing rivals. Walnut Creek-based Mechanics Bank is among those likely to go shopping in the year head. Mechanics Bank CEO John DeCero offered his take on
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If you want to upgrade your iPhone battery, expect to have to wait for several weeks. The big delay comes after Apple (aapl, +0.56%) acknowledged intentionally throttling the performance of some iPhones in order to prevent those smartphones from abruptly turning off because of elderly batteries.
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Fannie Mae and Freddie Mac pioneered the market for transferring mortgage credit default risk with their CAS and STACR programmes, but other firms are now turning to synthetic securitisation to support the US mortgage finance system. This panel tracks the evolution of mortgage insurance-linked
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