This 12.7% Yielding Mortgage REIT Might Be A Buy

This 12.7% Yielding Mortgage REIT Might Be A Buy

CYS Investments, Inc. (CYS) is an income-and-yield play that dividend investors with a high risk tolerance might want to consider on the drop. The mortgage REIT sector is no longer as overvalued as it was in 2017, and investors can gobble up CYS Investments' shares at a decent discount to the last
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Opinion: Trump is reason for drop in blacks' unemployment

There's plenty to celebrate in the December Bureau of Labor Statistics report showing black unemployment at 6.8 percent, the lowest since they started reporting the data in 1972. President Trump tweeted out his excitement and, of course, took credit for the good news. Has there ever been a politician
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Middle-Income Renters See Persistent Housing Cost Burdens

It is a demand trend that Kimberly Byrum, principal, advisory, with real estate advisory firm Meyers Research, expects to continue, especially in light of the new U.S. tax plan. “I think you're going to see more high-income renters—if the product is available,” says Byrum. “Before there were some tax
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Ben Myers has a new home, Bullpen Research

… research and analytics at Fortress Real Developments in Richmond Hill, Ont., where he provided due diligence on more than 1,000 residential opportunities across Canada and published a bi-annual housing and economic trends report. “I've worked at three real estate research companies and have
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South Africa Lawmakers' Committee to Meet on Impeachment Rules

A South African parliamentary committee will hold two days of meetings to deliberate on rules to deal with the removal of a president. On Dec. 29, the country's top court found that parliament had failed to hold President Jacob Zuma to account for his role in a scandal involving the misuse of public funds
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ICICI Bank To Offer New Range Of Services For Ola Ride Booking. Details Here

New Delhi: Cab-hailing app Ola today said it has partnered with ICICI Bank to offer a range of integrated services to customers and driver-partners. As part of the tie-up, customers of ICICI Bank will be able to book Ola rides and pay the fare through the bank's mobile banking platforms — 'iMobile' and
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Bill Gates Just Delivered a Powerful Message to the Drug Industry

You can read Gates' full prepared keynote remarks, which address the Gates Foundations' various initiatives, in greater detail here. But Gates' larger point seems to be: It's entirely possible for the drug industry to do well by doing good. This essay appears in today's edition of the Fortune Brainstorm
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Behind First Green's about-face with banking medical marijuana firms

The decision to stop banking medical marijuana companies was a difficult one for Ken LaRoe at First Green Bank in Orlando, Fla. First Green is closing all accounts with cannabis clients after certain investors expressed unease with the strategy, said LaRoe, the $652 million-asset bank's chairman.
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raceAhead: Everyone's Mad at H&M

It has been now removed from all online channels and the product will not be for sale in the United States,” H&M said in an email statement to Fortune. It's not just a cute kid in a hoodie. The animalization of black people has roots in slavery, a simple gambit to justify the abuse of other other human beings
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Higher finance costs will dog D-FW homebuyers in 2018

ORLANDO – Homebuyers heading into the hot North Texas housing market in 2018 will have more to worry about that rising prices and a lack of inventory. The cost of mortgages to buy that house is also going up. Interest rates for long term home loans are expected to rise from below 4 percent currently
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Crescent, Goldman grab Uptown Dallas office building for redo

Developer and investor Crescent Real Estate has purchased an Uptown office building with plans to renovate the high-profile property. The acquisition of the 7-story GuideStone Building on Cedar Springs Road comes as the long-time tenant in the property prepares to move to new location on LBJ
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Is Buying XLI TECHINC (OTCMKTS:XLIT), Having Lower Short Interest a Winning Strategy?

XLI Technologies, Inc. was formerly known as Bosch International, LLC and changed its name to XLI Technologies, Inc. in October 2015. More important recent XLI Technologies, Inc. (OTCMKTS:XLIT) news were published by: Globenewswire.com which released: “XLI Technologies, Inc. is Not Going
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SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of AZZ Inc …

On January 9, 2018, AZZ announced “that the Company historically should have accounted differently for certain contracts within its Energy Segment.” Specifically, the Company reported that revenue for the contracts at issue “was historically recognized for the Energy Segment upon transfer of title and
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South Florida real estate companies form $300M speciality lending company

Three South Florida real estate companies announced this week that they have formed a $300 million joint venture to provide mortgage loans to nontraditional real estate buyers. Pebb Capital, GPC Truss and Yale Mortgage announced Monday that they formed Pebb Yale Truss Lending. The fund has
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Jeff Bezos becomes richest man in history with massive £78BILLION fortune after Amazon shares …

His net worth grew by around £24billion ($32.6billion) in 2017 alone, with the majority of it coming from the 78.9million shares he owns in his company. Bezos, 53, was the first person to amass a 12-digit fortune since Microsoft founder Bill Gates, who has given more than £44billion ($60billion) to charity,
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GIC ties up with Canadian pension fund, real estate firm to invest in US rental homes

GIC Real Estate chief investment officer Lee Kok Sun said: “This venture will pursue a value-add strategy to capture the strong demand and resilient return profile of the US multi-family sector. “We look forward to growing this venture with Cortland, an experienced multi-family firm with a sizeable
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A cool car financing startup is making it easier to lease and buy Audis

AutoGravity, a California-based car-financing startup founded in 2015, has been growing a nice clip. On Tuesday, it announced that it had added Audi Financial Services to its online lending-and-leasing platform. ” AutoGravity brings the car financing experience into the digital age — where today's
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Lending Club Corp.: LendingClub Continues to Caution Investors Against Unsolicited Exchange …

SAN FRANCISCO, Jan. 9, 2018 /PRNewswire/ — LendingClub (NYSE: LC), America's largest online marketplace connecting borrowers and investors, today announced that on January 2, 2018, its Board of Directors (the 'Board') received another letter from IEG Holdings Corporation ('IEG'), which had
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EU SNUBBED: Denmark goes cold on joining bloc's banking union

The country's influential banking lobby has been getting cold feet over the move and their fears were heightened over the recent rescue of some of Italy's banks and the integrity of the rules. Head of Finans Denmark Ulrik Nodgaard said Italy's bailouts “leave a certain sense of ambivalence: what exactly
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Ikea Wants Women to Pee on Its Ad, and Then Bring It Into the Store

Ikea's latest magazine ad in Sweden has a bizarre twist: it has a built-in pregnancy test. Swedish agency Åkestam Holst's first 2018 ad for the retailer is an advertisement for cribs. If you happen to be in the market for a crib (i.e. you're pregnant), then you can score a discount on your purchase by peeing
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