Traditional Banking: A Sector Under Existential Threat?

Traditional Banking: A Sector Under Existential Threat?

Oct 20: A recent survey by Blumberg Capital captures the reactions of Americans towards traditional banking and Fintech, stating that about 60% of
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In Beverly Hills, real estate money is talking very loudly at the ballot box

Beverly Hills being what it is, and the luxury hotel and condo market being what it is, spending more than $6 million to pass a city ballot initiative to
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Feds seek input on shifting some mortgage default risk from taxpayers to banks

About 56 per cent of Canada's $1.2 trillion worth of outstanding residential mortgage debt is insured, which is a significant level of exposure for the
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Real Estate Weekly Update: REITs Gain, Earnings In Focus

The REIT Index gained for the second consecutive week after sharp declines in prior weeks. REITs and the S&P 500 are both up roughly 5% YTD.
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Should you ditch Lloyds Banking Group plc before next week's results?

Embattled British bank Lloyds(LSE: LLOY) is due to release its latest set of quarterlies on Wednesday, 26 October. And most market commentators
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Bank of Hawaii promotes Tokito to senior vice president

Bank of Hawaii commercial banking manager Mark Tokito was promoted from vice president to senior vice president of the Guam Commercial
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4 Chatsworth residents charged in alleged mortgage relief fraud sceme

An alleged ringleader from Chatsworth of a $30 million mortgage relief fraud scheme and four other former employees were indicted for allegedly
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Banks are wrong to make customers pay for fraud, says Which?

Nearly all of us, at one time or another, will have had that dreaded telephone call from our bank – mine was: “Mrs Neill, I just wanted to check where
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Canada's new mortgage and tax rules to reinforce housing market slowdown: report

Since the Canadian government announced changes to the country's mortgage and capital gains taxation rules, there's been much discussion of how
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DOJ planning to sue Moody's over crisis-era mortgage bond ratings

That same day reports emerged that the DOJ was planning to look into the mortgage bond ratings activities of Moody's Investor Service during the
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WestStar Buys Mortgage Lender in Texas

WestStar Bank in El Paso, Texas, said it has acquired assets from Cimarron Mortgage Capital that are to Cimarron's construction lending and
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People Movers of the Week: Oct. 21

A 25-year mortgage industry veteran, Kulka brings to the firm experience in cross-selling mortgage products across related industries, affinity
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Report gives 'mixed message' about Greenwich real estate

Miller prepared the analysis of Douglas Elliman Real Estate's third quarter sales report for Fairfield County and Greenwich released Thursday.
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Yarralumla

Yarralumla Residential Real Estate for sale. 24 properties are currently for sale in Yarralumla (ACT 2600)
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Lending a helping hand | Kitsap Weekly

They're both single mothers who are raising or have raised their children on their own. They're both loving, caring, family people who value the
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Hey Banks, Seniors Love Their Mobile Phones, Too

While many banks and fintech companies see millennials as the golden opportunity, a handful of organizations are going for the silver. For controlling
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Real estate remains the go-to asset class for the ultra-rich

An investment club for the ultra-rich has revealed its members' are sticking with real estate and private equity amid a dwindling appetite for hedge
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Tarullo Says Shadow Banking Risks Could Reappear

He said there were numerous shortcomings in the way rules targeted primarily the banking system before the 2008 meltdown. Such areas should be
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Led By Student Loans, Marketplace Lending Securitization Volume Soars

2016 has been a challenging year for marketplace lenders. Increased regulatory scrutiny, investor discomfort, competition from Goldman Sachs (with
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HousingWire hires new leader to head sales team

HousingWire, the nation's leading news source for the U.S. housing economy, announced Jennifer Watson Laws (pic, below) as its new national sales
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