Time to further soften LVRs, says realty head

No more than 15 percent (was 10 percent) of each bank's new mortgage lending to owner occupiers can be at LVRs of more than 80 percent. While no more than five percent of each bank's new mortgage lending to residential property investors can be at LVRs of more than 65 percent (was 60 percent).
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Investors sentiment increased to 1.53 in Q3 2017. Its up 0.52, from 1.01 in 2017Q2. It improved, as 43 investors sold MGM Resorts International shares while 113 reduced holdings. 94 funds opened positions while 145 raised stakes. 458.66 million shares or 7.73% more from 425.76 million shares in
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(Corrects to show reversal from 19 months of falling volumes, not seven) * House prices rise 7 pct annually in Jan – REINZ * Sales volumes rise for first time in 19 months * Underscores modest post-election recovery though headwinds loom By Charlotte Greenfield WELLINGTON, Feb 15 (Reuters) – The
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We have been covering the Madden issue for several years here on Lend Academy (the full list of coverage is here). Today, marked an important day on this issue as the United States Congress passed the Protecting Consumers' Access to Credit Act of 2017 (HR 3299), otherwise known as the “Madden
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More women than ever are coming out of the shadows and bravely confronting the men who have harassed or sexually assaulted them. Many of these women want to pursue legal action. Unfortunately, not every victim is a Hollywood starlet with the bankroll to fund an expensive legal case.
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Vanguard Group Inc. increased its position in Honeywell International by 2.5% during the second quarter. Vanguard Group Inc. now owns 49,713,013 shares of the conglomerate's stock worth $6,626,247,000 after purchasing an additional 1,234,672 shares during the last quarter. BlackRock Inc. grew its
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Draper and Kramer Mortgage Corp., one of the top 75 mortgage companies in America, has announced the opening of a new Los Angeles-area branch in Calabasas, Calif. The location previously housed a branch of a local mortgage lender, and DKMC is retaining the branch manager, top-producing
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PARSIPPANY — Bergman Real Estate Group, a real estate investment and management firm based in Woodbridge, announced an impressive number of end-of-year lease transactions and capital improvement projects for 2017. The privately-owned real estate investment firm completed over 100 lease
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The 44 state-chartered and three nationally-chartered banks headquartered in Washington are stable and the financial condition of these institutions has continued to improve. To best summarize the condition of the state's banking industry, I will focus on three C's: consolidation, competition and, most
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Inside the house is well-presented, but the property's real draw is the outdoor areas. There are three large decks, a revelation which prompts the utterance of the singer's cryptic catch phrase “throw me a dolphin.” A path through the trees leads all the way down to Meola Stream. “I've swum in it, yeah,”
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Still shaken from last fall's wildfires, Sonoma County's housing market saw its inventory drop in January to the lowest level for the month in more than a quarter century. The county ended last month with only 414 single-family homes for sale, according to The Press Democrat's monthly housing report,
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“Over the last six months, we have researched the unsecured business loan market and appointed a wide lender panel who are able to provide a variety of business lending options. “Our commercial team is fully trained; we're already arranging client loans.” Positive's unsecured business loans sits
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Thrivent Financial For Lutherans increased its position in Edison International by 2.8% during the second quarter. Thrivent Financial For Lutherans now owns 12,705 shares of the utilities provider's stock worth $993,000 after purchasing an additional 350 shares during the last quarter. Americafirst
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Amazon's lending arm is an invitation-only program that makes loans of $1,000 to $750,000, with terms up to one year to businesses that may have otherwise found it hard to get a loan via the traditional route. The lending program, in which Amazon's key initiative is to help sellers move more inventory
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OMAHA, Neb. (AP) — A monthly survey of rural bankers in 10 Plains and Western states suggests an improved economic outlook. A report released Thursday says the Rural Mainstreet Index rose to its highest reading since May 2014, reaching 54.8 in February. January's figure was 46.8, and
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On that note, buying budget with concrete plans to turn it into a gaming PC won't work out as well. Upgrading just one part might turn into upgrading all parts, and in that case, you'll be wishing you'd just started from scratch to begin with. My suggestion for would-be PC gamers that prefer a pre-built?
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Envestnet Asset Management Inc. grew its position in shares of Sodastream International by 318.8% in the third quarter. Envestnet Asset Management Inc. now owns 1,625 shares of the company's stock valued at $109,000 after purchasing an additional 1,237 shares in the last quarter. SG Americas
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New Career Opportunity! Staffing Now has an opening for a Mortgage Loan Originator in McAllen, TX.
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THE Gold Coast is tipped to welcome a further 20000 people migrating interstate this year, in a boost for the real estate industry.
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Maria Vecchione: After a 12-year span in film and television production, Vecchione began her real estate career in 2000. Her passion for communication has built long-lasting relationships over the years while strengthening the foundation for her continued success and growth in the business. Vecchione
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