Moynihan sees issues and real estate values hand-in-hand

Moynihan sees issues and real estate values hand-in-hand

First Selectman Kevin Moynihan said the biggest worry in his new position is the state government, including high taxes and an uncertain budget situation in Hartford. “We're losing our affluent seniors,” said Moynihan, noting more of them are spending at least six months — or permanently moving — out
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Should You Buy Mondelez International, Inc. (MDLZ) or Vistra Energy Corp. (VST)?

Mondelez International, Inc. (NASDAQ:MDLZ) shares are up more than 2.24% this year and recently decreased -0.86% or -$0.38 to settle at $43.76. Vistra Energy Corp. (NYSE:VST), on the other hand, is up 3.06% year to date as of 02/20/2018. It currently trades at $18.88 and has returned 5.12% during
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Moody's Warns Appraisal Alternatives Create RMBS Risks

“In seeking to reduce operational costs, increase efficiencies and address the shrinking ranks of U.S. property appraisers, mortgage market participants are exploring the use of alternatives to traditional means of calculating property values and, in some cases, starting to use them more,” said Lima Ekram
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Refi market share starts the year at 12-month high

Refinance mortgages accounted for 45% of mortgage volume, the highest share in a year, according to Ellie Mae's Origination Insights Report. The share of refinance loans increased from 40% in December, but is still below the 47% share of volume in January 2017. Purchase originations, which are
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Wilhelmina International Inc (NASDAQ:WHLM): Risks You Need To Consider Before Buying

If you are a shareholder in Wilhelmina International Inc's (NASDAQ:WHLM), or are thinking about investing in the company, knowing how it contributes to the risk and reward profile of your portfolio is important. Generally, an investor should consider two types of risk that impact the market value of WHLM.
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NSW Parliament passes far-reaching training reforms for real estate agents

A barista selling a $4 coffee currently undergoes more training than a real estate agent selling a $4 million home in Sydney, says the president of the Real Estate Institute of NSW (REINSW). But now that looks set to change after Parliament passed a series of far-reaching training reforms as a
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Pacific Premier Bancorp (PPBI) Stock Rating Lowered by Zacks Investment Research

The Company makes Liberator Series loans, which are for the purchase of residential real property by borrowers who generally would not qualify for Fannie Mae or Freddie Mac loans, and Portfolio Series loans, which is debt consolidation loans for borrowers whose credit history qualifies them. “.
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Hada DBank: A Blockchain-Based Islamic Bank

HADA Dbank, is set to bring the emergence of Islamic banking principles to the blockchain ecosystem, forging a new future ahead of the current banking systems. HADA DBank is a Kuala Lumpur-based company, working to place itself at the forefront of the new generation of financial banking systems.
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Latvia's banking crisis

US officials have accused Latvia's third-largest bank of laundering money that helped fund North Korea's missile programme. To make matters worse, the country's central bank governor is the subject of a bribery probe. Elaine Moore discusses what's behind the banking crisis in the Baltic state and why
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Mettler-Toledo International Inc. (MTD) Holdings Cut by New Amsterdam Partners LLC NY

IFM Investors Pty Ltd increased its holdings in Mettler-Toledo International by 44.1% in the fourth quarter. IFM Investors Pty Ltd now owns 546 shares of the medical instruments supplier's stock valued at $338,000 after buying an additional 167 shares during the last quarter. Page Arthur B bought a new
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PAL Program Can't Replace Payday Lenders: Pew

The highly touted NCUA Payday Lending Alternative model is not an effective replacement for storefront short-term lenders that charge customers exorbitant interest rates, Nick Bourke, director of The Pew Charitable Trusts' consumer finance project said Monday. “The PAL program is well-regarded, and
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Crowdfunding lending platform Groundfloor turns to crowdfunding to raise money, for itself

The company specializes in lending for single-family or small multifamily home rehab and renovation loans and also provides access to short-term, high-yield returns. To date, Groundfloor has originated nearly 420 loans worth more than $54 million. The company said that its typical loans return between
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White House Considers Citing Russian Deaths in Syria as Sign of US Resolve

The Trump administration is considering citing the deaths of scores of Russian mercenaries in a Feb. 7 battle with U.S.-backed forces in Syria as evidence of the president's tough stance toward the Kremlin, a person familiar with the matter said. White House Press Secretary Sarah Huckabee Sanders
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A 2006 Boom Wouldn't Fix Deutsche Bank or Barclays, Analyst Says

Deutsche Bank AG and Barclays Plc, two of Europe's biggest lenders, may have trouble meeting their targets even if they improve investment-banking revenue by 50 percent this year, according to analysts at Goldman Sachs Group Inc. Deutsche Bank would struggle to reach a return on tangible equity
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Ryan Reynolds Now Owns Aviation Gin

Actor Ryan Reynolds is now the proud owner of a craft gin company, or at least part of one. He announced his ownership in Aviation Gin via an Instagram post Wednesday in which he commented: “I own nothing in this photo. Except that gin company.” The company has not disclosed how much of the
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US says has "full confidence" in Latvia to handle banking storm

“The United States has full confidence that the Government of Latvia will take the necessary steps to uphold the integrity of its banking and financial sector,” said Heather Nauert, spokeswoman for the U.S. State Department. Washington has “for many years … been working together with Latvia to combat
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Housing prices hitting levels not seen since before the Great Recession

The median sales price for single-family homes sold in Manatee County in January was $300,145, up 7.6 percent from a year ago. It was the second time the median price for Manatee County home sales cracked $300,000 since the Great Recession in 2008, according to figures released Wednesday by
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Mortgage Applications on the Decline

The Market Composite Index dropped by 6.6 percent on a seasonally adjusted basis and by 3 percent on an unadjusted basis from one week earlier. The seasonally adjusted Purchase Index decreased six percent from one week earlier, although the unadjusted Purchase Index increased one percent
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The Toughest Housing Markets for First-Time Homebuyers

Not only did Denver rank as the most challenging cities in the U.S. for first-time homebuyers, the city also topped the list for fewest months supply of housing inventory, 1.1 months. Denver started 2018 with record-low for-sale inventory, 3,869 listings, according to a recent market trends report from the
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Blog: SCOTUS declines to step into GSE fight

The U.S. Supreme Court declined this week to intervene in the fight between Fannie Mae's and Freddie Mac's private shareholders and the U.S. government over billions in profits … In 2012, the original bailout terms were modified to send almost all of Fannie's and Freddie's profits into Treasury's coffers.
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