UK Mortgage Approvals Post Best Year Since 2007 on Tax Cut

UK Mortgage Approvals Post Best Year Since 2007 on Tax Cut

U.K. lenders approved more mortgages in 2020 than in any year since before the financial crisis, as house hunters sought to take advantage of a
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Fitch Affirms JPMCC 2019-COR4; Revises Nine Outlooks to Negative

The loan's sponsor is the same as the aforementioned Renaissance Seattle loan. The subject's TTM occupancy, ADR and RevPAR were 35%, $205.21
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Startup Paybby buys neobank Wicket to fast-track Black banking

“I started looking at the market, and I was aware that banking was at an inflection point, because of technology,” founder Hassan Miah said. “It's sort of
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Nearly 80 Percent of Hollywood Support Staff Considered "Cost-Burdened," Survey Shows …

… according to a 2019 Freddie Mac study. The U.S. Department of Housing and Development defines “cost-burdened” as families “who pay more than
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Inside the International Drama Consuming All Year Management

Yoel Goldman started out as a landlord buying up Brooklyn rentals in the pre-crash real estate boom, usually in partnership with a circle of Hasidic men,
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I changed my banking and super out of climate anxiety. Was it a smart financial decision?

And the banks? Like a lot of kids in the 90s, Ash and I were both brought up as Dollarmites kids with Commonwealth Bank, a company that has invested
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Declan Schuster's Hong Kong Selections and Analysis for Wednesday, February 3, 2021

#12 Fortune Hero is next best with no weight on his back. Race 3: Tai Wo Ping Handicap. #6 Bullish Glory doesn't win out of turn but he has returned to a
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'Best seller's market ever': Metro Atlanta home sales up 3.5% in 2020, average price up 8.6%

The average home price rose 8.6% from $330,716 in 2019 to $359,275, according to First Multiple Listing Service data. The months supply inventory of
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Real Estate Investing Tech Stack Guide

Property technology, or proptech, is one of the hottest tech industries at the moment. Yet, only 58 percent of real estate companies have an established
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Fitch Downgrades Multiple Classes of CGCMT 2017-P7; Removes Rating Watch Negative

The loan transferred to special servicing in December 2019 for imminent monetary default. The coronavirus pandemic has affected as it caters to
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Presidents' Circle

“My main reason for joining the Presidents' Circle was to connect with real estate investors and lenders in the investment property industry. After meeting
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Is Google a Real Estate Company?

Alphabet (GOOG: NASDAQ), Google's parent company, invested $13B in real estate across the country in 2019 and is reportedly the third largest
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Union Home Mortgage Wins #1 Ranking Among US Workplaces in New Report

Union Home Mortgage (UHM), a high-growth independent mortgage banking company with world-class culture, has been ranked #1 in the Top
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Trent Staggs: Cities must take the lead on improving housing supply and costs

We see more new families formed each year than homes built to house them, creating the current housing gap of 50,000 more family units than home
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The Cambridge cuts mortgage rates

The Cambridge has reduced mortgage product rates and enhanced its low deposit range. A 5-year fix is now available from 3.49%, and a 2-year fix
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What the Seasoning QM Rule Means for Borrowers

Lenders are required under the law to determine that consumers have the ability to repay mortgage loans before lenders make those loans. Loans that
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Banking agencies publish FAQs on suspicious activity reporting

Federal banking agencies have released a set of Frequently Asked Questions (FAQs) on suspicious activity reporting (SAR) and other anti-money
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Commercial construction slowed, residential building surged in 2020

“The pendulum will swing back.” At the same time, residential developers say they're seeing the change in habits in the apartment market.
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EU's 2021 stress test includes 'very severe' adverse scenario

The European Banking Authority will be co-ordinating the stress tests, as it has in previous years, it announced on January 29. Its announcement
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Investor Column | Let's play 20 questions about investing in the stock market

Answer 1: Start off with a big fortune. Your luck will take care of the rest. Question 2: Is there risk in the stock market? Could an investor actually lose
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