Mortgage applications drop by most in five months

Mortgage applications drop by most in five months

U.S. applications for home mortgages decreased by the most in almost five months driven by sharp declines in refinancing activity and purchase
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White House official knocks China's 'opaque' lending practices globally

“A lot of China's lending activity is highly opaque, and it self-classifies much of the lending as commercially driven, even though it's very clearly
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The co-founder of the first federally-chartered crypto bank breaks down why DeFi won't replace the …

No more banks, no more centralized control — a complete shift to a democratized financial system where users can anonymously lend to one another
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Employers have a tricky legal landscape on vaccines

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. In this week's edition, S. Mitra Kalita takes a look at
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US Companies Add More Jobs Than Expected, ADP Data Show

… Research Institute data released Wednesday. The median projection in a Bloomberg survey of economists called for a 600,000 gain this month.
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Baker administration: Labor agreement override could threaten new Soldiers' Home funds

… as part of a broader bill to finance construction of the Soldiers' Home. … Chairman Michael Rodrigues this spring recommended a financing bill that
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Property Tax Credit

The actual credit is based on the amount of real estate taxes or rent paid and total household income (taxable and nontaxable). If you rent from a facility
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Karbo Communications Fueled by 30% Growth and Industry Awards; Adds Event Management …

“Changing business practices brought on by the pandemic have caused a … Given the agency's successful track record in launching international
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WTF is a banking desert?

Banking deserts are geographic areas where no banks exist within a 10 miles radius. The St. Louis Federal Reserve bank identified 1,132 banking
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Biden's CFPB just ordered mortgage lenders to do more to help you avoid foreclosure

Mortgage servicers will also receive new guidelines to best help borrowers avoid foreclosures. The new rules will: Require servicers to meet temporary
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South Korean securities lending fintech startup bags $3.1m in series A money

The chief executive, who was a lending trader at Morgan Stanley in Hong Kong, said that manual markets such as South Korea and Taiwan are
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Burlington County launching program to provide mortgage and utility assistance to households …

Mortgage relief has been identified as a pressing need in our community, and Burlington County's program can provide eligible homeowners with up
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Oil market braces for return of Iranian crude exports

Get listed in GTR Directory now! GTR Directory. Become a part of the most comprehensive contact listing of service providers in the global trade,
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Russia's Export Curbs Fail to Control Outbreak of Inflation

A surge in volume hasn't translated to margin expansion keeping up with the pace of consensus, in Bloomberg Intelligence's view, leading to their
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Nexsys Technologies and Nationwide Partner to Digitize Communication Between Mortgage …

The groundbreaking tool automates the communication between mortgage lenders and insurance providers, creating a streamlined and automated
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Capital Bank selects Codebase to build digital banking offshoot

Digibanc™ is an innovative “Bank-in-a-box” solution that can be integrated with any financial institution's existing core banking system and be
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Now It's Sweden's Turn to Share Rate-Hike View: Decision Guide

The Sickla Kanal in the Hammarby Sjostad district in Stockholm, Sweden. Photographer: Mikael Sjoberg/Bloomberg
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Barclays to move investment bank staff into London HQ

To exit investment bank office building by 2022 · Banks worldwide shrink real estate footprints · Barclays consolidating 'campus' sites globally.
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Finland's Fiva lowers cap on housing loans to 85% to curb over-indebtedness

Fiva raised the housing loan cap to 90 per cent of property value in June 2020, citing concerns about the impact of the coronavirus pandemic on the real
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Fintechs' letter, Capitol hearing put CFPB's lending, credit in spotlight

The intersection of the Consumer Financial Protection Bureau (CFPB) and the concept of disparate impact in lending came to the fore twice Tuesday.
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