Steve Case: A Memo to the Cities Amazon Passed Over

Steve Case: A Memo to the Cities Amazon Passed Over

In Columbus, Ohio, for example, 14 Fortune 1000 companies dot the region. They are critically important customers and partners for the startup community and can provide credibility to nascent ventures. These companies are also rewarded with the local talent a robust startup ecosystem attracts. Finally
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Term Sheet — Tuesday, January 30

In 2016, 40.2% of firms on the Fortune 500 list had at least one founder who either immigrated to the United States or was the child of immigrants. • Those firms generated more than $4.8 trillion in revenue in 2014 and employed 18.9 million people globally. In short, U.S. immigration policy could deeply
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MFIs want lower GST rate, sops to lend to under-served sections

Shobha Roy Microfinance institutions (MFI) are looking for some respite in the form of reduction in GST rates, and incentives for lending to the underserved population, from the upcoming Budget. The MFI industry, which has been reeling under pressure post demonetisation on account of a substantial
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Steve Wozniak Doesn't Know Whether to Believe in Elon Musk Anymore

Apple co-founder Steve Wozniak is a deep skeptic when it comes to Elon Musk—and Tesla for that matter, though he still drives its cars. Wozniak told the Nordic Business Forum in Stockholm that he had become frustrated with Musk and Tesla's promises regarding their technology, and how the
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Bridging lending up 10% in 2017

“We have, for example, in this annual reporting cycle, seen regulated bridging finance lending outstrip unregulated bridging finance for the first time. “This follows on from the implementation of the mortgage credit directive and the consequential introduction of a new class of regulated 'consumer'
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Woman Sentenced to Prison for Wire Fraud in Maryland

According to her plea agreement, Franz managed the day-to-day operations of a title company located in Laurel, Maryland, where she prepared paperwork for real estate settlements and conducted banking transactions. Prosecutors say that in 2013 and 2014, instead of disbursing funds as required by
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Reviewing Dynex Capital (DX) and Orchid Island Capital (ORC)

Dynex Capital (NYSE: DX) and Orchid Island Capital (NYSE:ORC) are both small-cap finance companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, institutional ownership, dividends, profitability and
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#Viceroy report into #Capitec an attempt to downgrade banking sector – Sanco

Cape Town – The South African National Civic Organisation (Sanco) on Tuesday said United State-based research group Viceroy's report into Capitec Bank was an attempt to downgrade SA's financial and banking sector and to undermine an economy that is on the rebound post the African National
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National Mortgage Lender PrimeLending Opens New Branch in Phoenix, AZ Suburb

PrimeLending, a PlainsCapital Company, is a national residential mortgage originator. Offering fixed-rate, adjustable-rate, FHA, VA, USDA and jumbo home loans, refinancing and relocation programs, PrimeLending is authorized to make loans in 50 states and the District of Columbia. Founded in 1986
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Morning Scan Looking beyond Dimon; Wells taps mortgage chief

Who's next?: JPMorgan Chase named Daniel Pinto, head of its corporate and investment bank, and Gordon Smith, its consumer and community bank chief, as co-presidents and co-COOs, putting them in the running to succeed chairman and CEO Jamie Dimon. “This is the most clear statement yet by
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It's time to reform payday predatory lending in Alabama

In recent years, a number of proposals have been put forth to the Alabama Legislature to reform Alabama's predatory lending laws. Legislation passed in 2003, carved out a legal loophole to allow the payday industry to exist in Alabama. Alabama is one of the states in our country that has a high number
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KeyStoneB2B Announces New Flood Zone Determination Services

“According to the National Flood Insurance Program, even a few inches of water from a flood can result in tens of thousands of dollars in damage,” said James V. Luisi, Chief Information Officer and Chief Technology Officer for KeyStoneB2B. “That's the reason mortgage lenders are often required to
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Hunton & Williams Represents Freddie Mac and Berkadia in First Affordable Single-Family Rental …

Hunton & Williams LLP advised Freddie Mac and Berkadia in connection with the first affordable single family rental financing through Freddie Mac's.
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Capitec: Reckless lending allegations need to be investigated – COSATU

The Congress of South African Trade Unions has noted with concern the allegations of reckless lending against Capitec Bank. These disquieting allegations should be immediately investigated and clarified. COSATU is wary that if these allegations are proven to be true, they will have a disastrous
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Massachusetts in Servicing Settlement With Nationstar

“In Massachusetts, mortgage servicers are required by law to help prevent unnecessary foreclosures and keep families in their homes,” said Healey. “Nationstar failed to stop foreclosures and this settlement gives homeowners in the hardest hit areas in Massachusetts a chance to stay in their homes.
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Dynex Capital, Inc. (DX) Reaches $6.61 After 8.00% Up Move; Thomaspartners Has Increased …

Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac. Investors sentiment increased to 2.03 in Q3 2017. Its up 0.63, from 1.4 in 2017Q2. It is positive, as 5 investors sold Dynex Capital, Inc.
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Are You Mortgage-Ready? We Are.

To keep pace with home price appreciation, Conforming Mortgage Loan Limits just increased for the first time in five years – giving consumers more buying power.
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Anderson area sees $14000 jump in home prices

Solid evidence was offered Monday by the South Carolina Realtors Association, whose annual report showed that the Western Upstate region (Anderson, Oconee and Pickens counties) had the state's highest jump in median price of home sales in 2017. The median price of homes sold in those three
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Proper Title Names Neil F. Narut as Senior Underwriting Counsel

Proper Title LLC has announced the addition of Neil F. Narut Esq. as Senior Underwriting Counsel. Proper Title LLC has announced the addition of Neil F. Narut Esq. as Senior. “We are very fortunate to have someone with Neil's background and outstanding reputation in the industry join Proper Title,”
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Airbnb took away up to 13500 units from NYC housing market: Report

Researchers found that between 7,000 and 13,500 long-term housing units have been removed from the city's rental market because of Airbnb. That reduction in the city's housing supply means rents have gone up. Though the median increase was $380 per year, some neighborhoods in Manhattan saw
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