Senate Confirms Pompeo as Trump's Secretary of State

The U.S. Senate confirmed CIA Director Mike Pompeo to be secretary of state after weeks of heated debate that was as much about growing discord over the Trump administration's handling of diplomacy as it was about the nominee himself. The 57-42 vote came after Pompeo lost the support of many
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This golf event in Varadero was a great marketing stunt to convince foreign investors that the Cuban government was serious about its plans to build golf courses and that the Castros had forgotten about their joke to Eisenhower or the challenge they made to Kennedy, and that they could have also left
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I worked for an electric utility, which proved to be outstanding training for supervising people and managing projects. I've also worked as a project manager at a management services company specializing in property management and real estate services, and now I'm in the title insurance profession.
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Under the National Consumer Credit Protection Act 2009, credit providers are required to lend responsibly. This means that before lending, the credit provider must assess the suitability of a loan for a borrower, which involves an assessment of the borrower's capacity to repay the loan as well as an
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… matching the 4.58 percent average rate last seen in August of 2013, which was the highest since a 4.60 percent average rate in July of 2011, according to Freddie Mac's Primary Mortgage Market Survey data. At the same time, the average rate for 15-year fixed mortgage has ticked up another 8 basis
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Among property types, the average sales price for a single-family Fairfield County home in the first quarter was $751,434, down 7.3 percent from the $810,272 price in the fourth quarter and down 0.5 percent from the first quarter of 2017 price of $755,483. The median sales price in the first quarter was
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RIGA/FRANKFURT (Reuters) – Latvia's parliament voted on Thursday to scale back domestic banks' ties with risky shell firms under laws aimed at tackling money laundering, but pressure will remain on the Baltic state to do more. Prime Minister Maris Kucinskis vowed to improve policing of banks after
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But most importantly, he says, unlike subprime, nonprime loans are not qualified to be purchased by government-backed agencies like Fannie Mae and Freddie Mac. Sasser says these loans can be a good thing for millions of Americans frozen out of the housing market. “Like a fire, it can be a great tool
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ATLANTA, April 26, 2018 /PRNewswire/ — Invesco Real Estate (Invesco), a global real estate investment manager, announces today that it has originated a $80m senior loan as part of its rapidly expanding commercial real estate lending platform. The loan origination has been secured to finance the
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Frank Placencia's house on South Braeswood is a typical Meyerland new build — except for one thing: It's 10 feet off the ground. The house is so tall and so seemingly out of place that people have nicknamed it “Swamp Castle,” “the Grandaddy” and “the Houston walk-up.”
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“Today's Housing Vacancies and Homeownership Survey data release for 2018 Q1 shows the homeownership rate ticked upward on a year-over-year basis for five consecutive quarters, but held steady from 2017 Q4,” Veritas Urbis Economics Founder and Chief Economist Ralph McLaughlin said.
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It takes a significant amount of time and resources for HousingWire's editorial team members to organize and successfully determine who will be named to this year's list. Those selected to this year's class of Women of Influence will be featured in the upcoming August issue of HousingWire, and receive
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In interviews about the industry's first-quarter results, Dolan and his counterparts at other banks say they're also getting ready for Amazon by beefing up … That differed from the five biggest Wall Street banks, where combined investment-banking revenue slipped 3 percent during the first three months of
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… climb this week, reaching their highest level in more than four years and denting prospective home purchasers' prospects amid the spring buying season. It was the third straight week of increases for long-term mortgage rates. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, …
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The reason: Banks are rapidly emerging as big potential customers for the fast-growing, cloud-computing businesses of Amazon.com Inc., AMZN 4.46% Alphabet Inc., GOOGL 2.58% and Microsoft Corp. MSFT 2.96% That is making technology companies think twice about alienating them by becoming
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Ally Financial seized an opportunity in its auto-lending business during the first quarter, but it also contended with the challenge of running an online-only bank at a time when some depositors are chasing higher yields. The Detroit company on Thursday reported net income attributable to common
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BIRMINGHAM, AL – One of the largest regional banks in the country, and Birmingham's only Fortune 500 company, Regions Financial Corp., has named a new CEO. Regions announced Wednesday that John Turner, who currently serves as president, will become CEO of Regions Bank and Regions
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The quarterly Housing Market Analysis analyzes real estate markets across Canada, assessing a combination of four key risk factors: overheating, when demand for homes in the region outpaces supply; sustained acceleration in house prices; overvaluation of house prices in comparison with levels that
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The big mover today is CYS Investments, which reported a rough Q1, but is up 9.5% after Two Harbors (NYSE:TWO) agreed to purchase for modestly above book value. Two Harbors is down 3% on the news. AGNC Investment (AGNC +0.2%) is posting a modest gain after reporting a sizable decline in
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A company that makes body cameras used by police forces across the country is weighing the benefits of adding facial recognition technology to the cameras. Axon, which makes Taser electroshock weapons body cameras, launched an artificial intelligence ethics board for public safety to guide the
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