UPDATE 1-Bank of America reaches $75 mln settlement over excessive fees

UPDATE 1-Bank of America reaches $75 mln settlement over excessive fees

(Adds details about bank fees, attorney's fees, paragraphs 3, 7). By Jonathan Stempel. May 14 (Reuters) – Bank of America Corp agreed to pay $75
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Why lenders might be slower to expand credit to first-time buyers

Analysts are showing renewed concern about the financial strain on the government mortgage market that serves low income, entry-level buyers,
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VLUE, MU, GM, IBM: ETF Inflow Alert

… International Business Machines Corp (Symbol: IBM) is up by about 0.1%. … but instead of ''shares'' investors are actually buying and selling ''units''.
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International project to raise awareness about women's insurance needs

Henriette Kolb, Manager, Gender and Economic Inclusion Group, IFC, said: “At IFC, we are focused on 'creating markets' that are competitive,
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Advantage Commercial Real Estate drops first market report

Advantage announced the opening of its commercial real estate firm and office location at 1575 Arboretum Drive SE, Suite 402, in Grand Rapids this
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WHEDA: Seeks projects for national housing trust funds

The federal program is funded by a portion of a 0.042% fee on Fannie Mae and Freddie Mac activity to guarantee loans and create mortgage-backed
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Peer to Peer Lending Market Booming Segments; Investors Seeking As A Biggest Opportunity In …

A qualitative research study accomplished by HTF MI titled “Peer to Peer Lending Market covers detailed Product / Industry Scope, current and future
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Fed approves acquisition of BBVA's US banking arm by PNC

The $11.6 billion cash acquisition will be the second largest since the 2008 financial crisis when completed, creating a bank with nearly $650 billion in
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SFO Probes Liberty Steel Owners Over Greensill Ties

Greensill was primarily funded by external investors, including investment vehicles operated by Credit Suisse. It became vulnerable when the German
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Current housing market proves to be good time to sell

“Between low interest, fierce competition, and rising home prices, 2020 was a challenge for buyers, but offered serious advantages to sellers, and it
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JPMorgan Hires Tech Banker Riaz Ladhabhoy to Focus on Internet

… reviewed by Bloomberg News. Ladhabhoy will partner with Chris Grose, who leads the Disruptive Commerce Group within tech investment banking.
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High-end Mink Creek development to test upper limits of local housing market

Local entrepreneurs Dave and Emma Gebo are entering the residential real estate market with their 65-acre Deer Valley Reserve Subdivision.
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ePrescribing Market Global Top Players, Industry Growing Rapidly with Recent Demand, Size …

Data Bridge Market Research report on Global ePrescribing Market … Chapter 10, Regional Marketing Type Analysis, International Trade Type
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Irish health system targeted in 'serious' ransomware attack

“There's lots we don't know but it appears to be a ransomware attack by international criminals,” Varadkar said. “The problem could run through the
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Why Bionano Genomics Stock Is Skyrocketing Today

Hello, everyone, and welcome to our first-quarter 2021 earnings call. I would like to start off the call with a real — review of the real estate market in the
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Rising mortgage rates will help cool housing market (and the AAA rating debate)

It should not, therefore, be surprising that a fickle S&P is yet again be flirting with a full-blown downgrade from AAA to AA+ after skittishly making us the
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China Vows Retaliation Against Journalists Unless US Relents

China Vows Retaliation Against Journalists Unless U.S. Relents. Bloomberg News. May 14, 2021, 2:45 AM PDT.
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Fitch Assigns Final Ratings to WFCM 2021-FCMT

–$221,300,000 class A 'AAAsf'; Outlook Stable; … High Fitch Leverage: The $455.0 million mortgage loan has high leverage metrics, with a Fitch
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Elon Musk's fortune plunges by more than $20 billion since his controversial SNL appearance

Before his appearance on the sketch comedy show last weekend, where he took a dig at his business plans and said dogecoin was a “hustle”, Musk's
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3 Reasons Upstart's Rapid Growth In Q1 2021 Is for Real

Upstart itself is a lender, but 96% of its revenue came from the fees that banks and other lending institutions pay to use its AI-based platform. Upstart's AI
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