Swiss National Bank Increases Position in Invesco Mortgage Capital Inc (NYSE:IVR)

Swiss National Bank Increases Position in Invesco Mortgage Capital Inc (NYSE:IVR)

Swiss National Bank boosted its stake in shares of Invesco Mortgage Capital Inc (NYSE:IVR) by 2.8% in the fourth quarter, according to its most recent disclosure … In related news, CFO Richard Lee Jr. Phegley acquired 1,750 shares of the company's stock in a transaction on Wednesday, February 28th.
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Mortgage Applications For New Home Sales Rose 3.0% in February

“Mortgage applications for new homes continued to grow in February on a year over year basis, although at a slower pace of just under five percent, as brisk activity in January likely pulled forward some buyer activity,” says Lynn Fisher, vice president of research and economics for the MBA, in a release.
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Real estate transfer tax break heads to NH House

The fate of a real estate transfer tax break for first-time homebuyers is now up to the NH House of Representatives. The Senate last week approved Senate Bill 301, which would reduce the rate of the transfer tax from 75 cents to 50 cents per $100 in valuation for two years on homes purchased for less
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Walmart Grocery Delivery Availability Grows to Some 40% Of US Households

The retailer, which is also the largest U.S. grocer, said on Wednesday it was expanding the service to a total of 100 metropolitan areas by the end of the year, up from six currently, a push it says will help its reach 40% of American households. The expansion marks the culmination of years of heavy
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Geely deal shows overseas investment backs economy

Drastic changes in the world situation must be taken into account so that innovation can be used to develop a new grand strategy in world markets. Vigorously developing the real economy cannot be empty talk. There must be methods, innovation, support and industrial development. From products to
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Inland Real Estate Acquisitions, LLC Acquired Eight Multifamily Properties in Colorado in 2017

OAK BROOK, Ill.–(BUSINESS WIRE)–Inland Real Estate Acquisitions, LLC announced today that it negotiated and closed the purchase of eight multifamily properties in Colorado throughout 2017 on behalf of Inland-related parties. The acquisitions total 2,199 units for a total cumulative purchase price of
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Lending Signals: Powerful Tools to Find and Target Consumers for Loans

Last week, I fired up an app on my phone and while using it, a message popped up. Nordstrom was having a sale on Ted Baker suits, I was intrigued … and they knew I would be because they know what I like.
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Tandem Bank to buy Pariti in UK fintech tie-up

Digital bank Tandem has agreed to buy fellow British fintech group Pariti, as it looks to head off rising competition from established lenders taking advantage of new legislation that gives them greater access to customer data. New rules that came into force in January allow companies such as Tandem
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Iraq grain board chief sees bigger wheat crop as weather improves

The grain board, which falls under the trade ministry, regularly announces international purchasing tenders, to import wheat for the country's food rationing programme, which covers flour, cooking oil, rice, sugar and baby milk formula and was created in 1991 to combat U.N. economic sanctions.
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PSBs lose ground to private banks, finance companies in SME lending

Public sector banks (PSBs), traditionally dominant in lending to small and medium enterprises (SMEs) are now facing a strong challenge mounted by private banks and finance companies to win away this business. According to a TransUnion CIBIL analysis, a combination of high credit demand and
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Here's What Macy's Says Is the Worst Pain Point for Shoppers

If you've ever found yourself stuck in a long checkout line at Macy's (m, -0.22%), tapping your feet and looking at your watch every two seconds, please know the department store operator's CEO feels your pain. As part of Macy's ongoing efforts to improve its business and build on its first quarter of
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Rex Tillerson's No Good, Very Bad, Final Week

On his last official trip, the ex-secretary of state tried to put out diplomatic fires set by his boss. By. Nick Wadhams. @nwadhams More stories by Nick Wadhams. March 13, 2018, 9:19 AM PDT. Secretary of State Rex Tillerson looks on as he holds a joint press conference with Nigeria's Foreign Minister in
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Remodeling returns: These home projects pay you back big

Today's housing market is leaner, pricier and more competitive than ever – and that has more homeowners deciding to remodel rather than move. Home renovation is a booming business. The choices for upgrades are endless, but some offer a far better payback than others. Just a year ago, more
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Mortgage lending jumps 10% as buy to let takes a hit

Activity in the traditionally slower final quarter of the year, was 2.5% lower from the previous three months, the data showed. At the same time, new commitments increased 5.2% annually to £64.9bn. However, the market's share of buy-to-let lending fell to 12.7% at the end of 2017 – the lowest percentage
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Here's When You Can Expect Apple to Make Its Next Big Announcements for iPhone, iPad, and Mac

Apple has announced some important details for its next big event, where the tech giant is expected to make some important announcements concerning iPhone, iPad, and Mac. The 2018 iteration of Apple's Worldwide Developers Conference (typically abbreviated to “WWDC“) has been scheduled to
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RBI discontinues Letter of Undertaking, Letter of Comfort as instruments of trade credit

The Reserve Bank of India has scrapped quasi bank guarantee instruments such as the Letter of Undertaking and Letter of Comfort that blew a Rs. 14,000 crore hole in the books of Punjab National Bank as the regulator attempts to plug a loophole and improve banks' due diligence in trade credit.
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Stormy Daniels's Lawyer Says Trump Missed Settlement Offer Deadline

President Donald Trump's attorneys missed a deadline to accept the return of a $130,000 settlement payment from a pornographic film actress who's seeking to tell the story of her alleged affair with the former reality-TV star, according to her lawyer. Stormy Daniels, whose real name is Stephanie Clifford,
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Crypto Exchange Binance Launches Decentralized Trading Network

The largest cryptocurrency exchange by trading volume is developing a public blockchain for the transfer and trading of digital assets, the company said in a statement posted on its website. The network, called Binance Chain, will provide coin traders a decentralized exchange that handles transactions
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Winklevoss Twins Have a Plan to Police Cryptocurrency Trading

The brothers, who run the Gemini exchange for trading Bitcoin and Ether, have submitted a proposal to create the Virtual Commodity Association, a self-regulatory organization meant to police digital-currency markets and custodians. The non-profit group would aim to develop industry standards,
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The US Inflation Scare May Be Over

The lack of a major surprise may help calm financial markets that were roiled last month by data showing wages and prices rising faster than anticipated. … any immediate pressure to go out and ramp up policy,” Steve Ricchiuto, chief U.S. economist at Mizuho Securities, said on Bloomberg Television.
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