Millennials keep refinancing, flock to Wyoming

Millennials keep refinancing, flock to Wyoming

“Many may have been driven by a desire to take advantage of low interest rates given uncertainty about potential rate hikes in the new year.” Refinances on conventional loans were highest. About 19 percent of all closed conventional loans in December were refis. FHA refinance loans came in at 6
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Goldman (GS) to Expand Online Lending Platform's Offerings

The bank plans to fuse the personal finance services that the startup offers with its digital consumer lending platform — Marcus by Goldman Sachs. People familiar with the matter disclosed that no deal had been finalized so far. Also, there are possibilities of the deal coming to nothing. This uncertainty is
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Americans Are Obsessed With Finding the Best Car Pet Accessories

Americans are obsessed with outfitting their cars for their pets, Germans seem fixated with digital radio, and the Japanese want to the bring the comforts of their living rooms into their vehicles, according to Google's 2018 Auto Trends Report that was released Friday. Google pulled top-volume queries
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Canapi Inc. Launches to Accelerate Digital Banking Transformation

“Canapi invests in companies that supply banks and credit unions with innovative technology to compete in today's fast-paced market,” says Canapi Managing Director Neil Underwood. “Our leadership and partners believe open APIs will revolutionize how banks deliver their services. By integrating
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Wells rocked, crypto regulation and POS lending: Top stories of the week

Fallout from the Fed's blow to Wells Fargo; a call for calm in the rush to regulate cryptocurrencies; point-of-sale lending has its day; and more. next. print. Comments. Login or Subscribe. Get AB in your inbox. Newsletter/Frequency. Daily Briefing, Intraday News Update, BankThink, Technology Daily
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The HACK that could break bitcoin – '51% attack' concerns mainstream 'banking bunnies'

“A 51 percent attack is just another scale on the cobra's head for the banking bunnies. “Blockchains for coins sometimes have tens of thousands of people mining a coin. “It's a possibility, just as it's a possibility that Earth could be hit by an asteroid that destroys civilization, but it's a very remote chance.”
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Toyota named "World's Most Admired Company" by Fortune

As if Toyota didn't already have enough bragging rights, the company was recently named “World's Most Admired Company” by Fortune. The list is compiled each year to rate companies throughout the corporate world, and is composed based on company surveys and ratings from peer analysts,
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Do good, and curb the evils of predatory banking, payday loans | Opinion

The Consumer Financial Protection Bureau says it will reconsider rules that would make it harder for people to get caught in endless cycles of debt from payday and car title lenders. (Jan. 19, 2018) (Sign up for our free video newsletter here http://bit.ly/2n6VKPR). Thomas Wenski. Privacy Policy. Recently
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Ten years after the Great Recession, how is Salinas doing?

The Great Recession of 2008 lowered single-family home prices, increased the unemployment rate and created delays in development projects within Monterey County. Ten years later, home prices have bounced up, jobs are back, projects are rolling again, and more people are living in the area.
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Silicon Valley real estate firm passes on high prices for better deal in Cary

A Silicon Valley real estate investment firm with a history of investing in pricey tech markets has entered the Triangle for the first time with the $69.5 million purchase of a Cary office park. Christopher Chang and Max Sanford of Menlo Equities say their company has closed on a deal to purchase the
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Veteran receives mortgage-free home

KISSIMMEE, Fla. (WOFL FOX 35) – Building Homes for Heroes and JP Morgan Chase & Co. have gifted a U.S. Army, captain his wife and their two children with a mortgage-free home in Kissimmee, to honor the great sacrifices they have made for our country. Serving nearly two decades in the military,
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Ellington Residential Mortgage's (EARN) CEO Larry Penn on Q4 2017 Results – Earnings Call …

Good morning, ladies and gentlemen. Thank you for standing by. Welcome to the Ellington Residential Mortgage REIT 2017 Fourth Quarter Financial Results Conference Call. Today's call is being recorded. At this time all participants have been placed on a listen-only mode and the floor will be opened
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What does your lips mark say? A lipstick reader told our fortunes

You've probably heard of fortune tellers divining secrets using tea leaves, palms and tarot cards, but what if the key to understanding those secrets was sitting in your makeup bag? That's where Beth Bongar, a fortune teller who specializes in lipstick readings, finds her answers. You read that right, a tube
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Apple TV App Gets Live News Broadcasts from CNN, Fox News, and CNBC

People can use the TV app to watch live news from outlets like CBS News, CNN, Fox News, CNBC, and Bloomberg on iPhones, iPads and the Apple TV streaming device. Tech publication 9to5Mac spotted the update late Thursday, and noted that people must install the latest versions of iOS and tvOS
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Lack of specialist lending advisors cripples entrepreneurial growth

The lending needs of established and growing entrepreneurs can be hugely complex. In many instances they will need to leverage their personal assets in order to access funding. This increases the importance of dealing with a lending partner which has access to extensive lending networks and who
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Quicken Loans Teams Up with Airbnb to Provide New Home Financing Options

On Thursday, mortgage giant Quicken Loans announced it has formed a partnership with Airbnb to provide new home financing options by enabling the property rental company's hosts to use rental income on a primary residence to refinance their mortgages. Jay Farner, Quicken Loans CEO, stated;.
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Cardlytics, a native banking advertising channel, prices IPO at $13 low end

Cardlytics, which provides a banking-based advertising channel to consumer products marketers, raised $70 million by offering 5.4 million shares at $13, the low end of the range of $13 to $15. Cardlytics plans to list on the Nasdaq under the symbol CDLX. BofA Merrill Lynch, J.P. Morgan, Wells Fargo
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Quicken Loans to Enable Airbnb Rental Income for Refinancing

Quicken Loans has entered into a partnership with Airbnb that will enable the property rental company's hosts to use their rental income on a primary residence to refinance their mortgages through the Detroit-based lender. According to the companies, using this additional revenue in debt-to-income
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New York State First-Time Home Buyer Programs of 2018

The Achieving the Dream program is offered to lower-income, first-time home buyer applicants. Borrowers will receive reduced interest rates and a lower down payment requirement on a 30-year loan. The mortgage can finance the purchase and renovation of a one- or two-unit home, and there are also
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Cryptocurrency Ads Find Ways Around Facebook's Ban

“BlTC0lN” with L and Zeros. pic.twitter.com/Tt9a4r4sYP. — Matthieu Suiche (@msuiche) February 3, 2018. Facebook Inc. banned ads tied to cryptocurrencies, initial coin offerings and binary options last month, saying they were associated with misleading and deceptive practices. The company has been
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