âIn order for U.S. manufacturers to compete in a global economy, we need a fully functional Ex-Im Bank,â Sen. Mark Warner (D-VA), a member of the Senate Banking Committee, said. âWithout it, U.S. companies are at a major disadvantage against their foreign counterparts. But Rep. Garrett's long record
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National Mortgage Professional Magazine has become âThe Source for Top Originatorsâ that connects the mortgage professional community under various media formats. It's committed to ensuring that today's industry is equipped with the most comprehensive understanding of mortgage news available.
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The Wells Fargo NAHB housing market index displays how home owners see the housing market and can be used to predict coincident indicators like housing prices, existing home sales etc. The graph below shows two leading indicators. The grey line displays building permits who are also leading.
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Even with all of the due diligence a title company does before closing, there are rare instances when title problems can pop up later (e.g., missed liens and other legal issues that can be very costly to resolve). To protect against any financial loss, two types of title insurance exist: owner's title insurance
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The idea that Fannie Mae and Freddie Mac will switch to alternative methods of assessing borrowers' credit scores took a major step forward on Wednesday, MarketWatch staffer Andrea Riquier reports. The Federal Housing Finance Agency, Fannie and Freddie's regulator, put out a request for input
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Under the leadership of Jonathan Gray, real estate has become the biggest business unit of Blackstone. … Our business involves finding opportunities in those trends, bringing to bear our 26 years of experience investing and creating value as owners so that we can deliver great returns to our investors.
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Vancouver area â On the front burner⦠and affordability passes the boiling point. After a brief respite, Vancouver housing prices are on the rise yet again. RBC's aggregate measure surged by 5.3 percentage points to 87.5 per cent in the third quarter. – a new record high for any market in Canada.
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For years, the Office of the Comptroller of the Currency had intended to pull hundreds of examiners out of the biggest banks and relocate them to government offices — part of an effort to prevent regulators from getting too cozy with companies they oversee. But in one of his first moves since taking over
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Gates bought a majority stake in the Arizona land from Belmont Partners, a group of Arizona real estate developers. Grady Gammage Jr., founding partner of Phoenix law firm Gammage & Burnham PLC, who represents Belmont Partners, calls the development area a potential blank slate for a new
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Boeing Co has held takeover talks with Brazilian planemaker Embraer SA, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Boeing and Embraer have been discussing a deal that would involve a relatively large premium to the Brazilian company's market capitalization
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SOCO International logo SOCO International plc (LON:SIA) insider Jann M. Brown bought 8,070 shares of the stock in a transaction on Thursday, December 21st. The stock was purchased at an average cost of GBX 107 ($1.44) per share, with a total value of £8,634.90 ($11,621.67). Shares of SOCO
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Today's action resolves the review of Class X from Freddie Mac Securities REMIC Trust 2005-S001 (Freddie Mac 2005-S001) and Class A-8IO from New Century Home Equity Loan Trust 1997-NC6 (New Century 1997-NC6), which bonds were among those placed on review for a reassessment of the IO
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If you're using Amazon Music Storage to keep your digital music stored in the cloud for playing on a variety of devices, you'll need to move on to something else. Amazon has quietly announced that it has removed the ability for free subscription planholders to upload digital music files to its Amazon
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Sesame Street's Ernie, Elmo and Bert at a ceremony on the anniversary of muppet creator Jim Henson's birthday at the National Museum of American History in 2013. Paul Morigi â WireImage/Getty Images. By Chris Morris. 11:07 AM EST. Big Bird better learn to say Snuffleupagus in Arabic.
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The next stories lined up on our countdown of the year's top stories both brought news that shocked the housing industry. … As we continue to countdown to the year's most popular article, we will examine the 3rd and 4th most read stories of 2017, and the shock they brought to the housing market.
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Both names shot higher initially on the news, but have pared most of those gains, with Fannie now up 1.2% and Freddie 0.4%. Rather than a larger plan to free the two from the sweep, the move might instead be seen as a way to prevent accounting swings (i.e. the cut in the corporate tax rate reducing
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WASHINGTON â Fannie Mae and Freddie Mac, the government-controlled mortgage finance giants rescued during the financial crisis, reached a deal with the Treasury Department on Thursday allowing them to keep some of their profits as they brace for losses that will be activated by the tax bill soon
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Edward B. Brown and Elaine C. Brown to HBS Real Estate, LLC, 115 Seymore Ave., $146,900. Charles A. Farrell and Constance B. Farrell to Steven E. Wilson and Robin R. Wilson, 2028 Mary Ellen Lane, $155,000. Reed McCormick to Michelle R. Thompson, 3902 N. Atherton St., $120,000. Christine
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Vectra Bank is pleased to introduce an entirely new suite of Personal Deposit and Savings products!
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FICO scores were in the spotlight with a regulatory agency considering credit scoring alternatives and new data highlighting a decline in FICO scores in all loan categories. On the regulatory front, the Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI) on whether to expand Fannie
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