The New Subprime Danger: Backdoor Lending

The New Subprime Danger: Backdoor Lending

In the aftermath of the financial crisis, lawmakers sprang into action, placing on banks new rules and regulations that limited lending to subprime
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Harvard's $39B Endowment Is Reportedly Buying Up California's Vineyards—and Their Water Rights

Harvard University's endowment is reportedly buying up vineyards in California's wine country, along with the water rights belonging to those
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10000 Verizon Employees Have Accepted the Company's Buyout Offer

Verizon says that 10,000 of its employees have accepted its buyout offer, representing roughly 7% of the company's workforce. The carrier initially
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Be prepared for housing price dive, Australia told

Sydney. SOFT landings in housing markets are rare and Australia should be ready to respond to the risk of a significant price dive, the OECD said.
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Martin Lewis: How will Brexit affect house prices? Money Saving Expert's advice revealed

The UK is expected to leave the European Union in March next year, but with many people looking to buy a new home, how will Brexit impact the
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Canada's high home prices likely to just stay high: economist

Canada's housing market is “relatively insulated” from a US-style crash and Canadians might simply need to get used to high home prices, according
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School banking gaining momentum

School banking accounts and their deposits rose by nearly 14% in September over the same period of last year, according to the latest data of
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Canopy Growth Wants to Be the Google of Cannabis, CEO Says

… the state of the cannabis market with Bloomberg's Joe Weisenthal, Romaine Bostick and Caroline Hyde on “Bloomberg Markets: What'd You Miss?
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Foreign capital outflows from emerging markets in Asia look set to be the largest since the GFC

2018 has been a year where international investors have shunned stocks and bonds in emerging markets across Asia, a view in stark contrast to what
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FCC Says Major Cell Carrier Misled About Its Rural Coverage When Applying for Billions in …

Fortune asked the four major carriers whether they were under investigation by the FCC. AT&T (t, +2.16%), in a statement, didn't answer that question
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2 Under Armour Executives Reportedly Depart Over Spending Concerns

Asked by Fortune for a comment, an Under Armour spokesperson said, “Per company policy, we do not comment on specific personnel matters.”.
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Accused Russian Spy Maria Butina Wants to Change Her 'Not Guilty' Plea

Maria Butina, a suspected Russian spy accused of trying to create a backchannel between Republican officials and the Kremlin, is suspected to have
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China Property Market to Cool in 2019, Weigh on Economy

BEIJING—China's massive property market is expected to cool further in 2019, with smaller price rises and falling home sales adding to pressure on
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Melvin Dummar, Utahn who claimed a piece of Howard Hughes' fortune in 'Mormon Will,' dies at 74

Melvin Dummar, a Utah gas station owner who became the stuff of legend, punchlines, a Hollywood Oscar winner and years of litigation over a chunk
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Big banks reaped $1bn from home loans 'while customers lost hundreds', ACCC says

Home loan customers have potentially missed out on saving hundreds of dollars a year on their mortgage repayments to Australia's biggest banks,
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Here's a scary chart on the future of European banking

Ok, here's the headline. The chart for Deutsche Bank looks similar to Lehman Brothers in the way that all charts that move from the upper left to the
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How Open Banking Has Changed Financial Services So Far

This initiative aims to incite greater competition in the UK's banking sector, encourage new product development, bring in new disruptive players, and
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DanaBot Trojan Expands Beyond Banking

Banking Trojan DanaBot has reportedly resurfaced with some new tricks. According to malware analysts at ESET, the Trojan has evolved beyond
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Real estate slowdown to cost Toronto nearly $100-million

Toronto's cooling real-estate market is on track to cost its municipal government nearly $100-million in tax revenue – something critics of Mayor John
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Why Banking Needed a New Cybersecurity Profile

Magri is senior vice president and counsel for regulation and developing technologies at the Bank Policy Institute. Previously, he served in a similar
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