UPDATE 2-New Zealand property sales jump in November, house prices rise

UPDATE 2-New Zealand property sales jump in November, house prices rise

WELLINGTON, Dec 13 (Reuters) – Having suffered a slow period after an inconclusive general election, New Zealand property sales jumped 17.8 in November, helped by seasonal spring demand and buying by foreigners before the new Labour-led government imposes a ban early next year. It was the
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MSME lender Veritas raises Rs 120-cr round led by UK govt's CDC Group

The Chennai-based firm, which was registered with the RBI as a non-banking financial company in 2015, lends to micro and small enterprises, providing loans to first-time borrowers, helping them move away from the informal lending system. Veritas' loan book typically tends towards the services sector
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Legislation to ban foreigners from buying existing homes will be introduced tomorrow

Housing Minister Phil Twyford and Land Information Minister Eugenie Sage announced the timetable today, saying the ban would be in effect early next year. “Purchases of homes by offshore speculators push first home buyers and families out of the housing market,” Twyford said. The housing market
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Axiom International Investors LLC DE Lowers Stake in Ishares MSCI India ETF (INDA)

JPMorgan Chase & Co. now owns 7,554,653 shares of the company's stock worth $245,981,000 after buying an additional 809,594 shares during the period. Legal & General Group Plc increased its position in Ishares MSCI India ETF by 26.7% in the 3rd quarter. Legal & General Group Plc now owns
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Tax Reform With $750k Cap on Mortgage Interest Deduction Would Leave 1 in 8 US Homes Eligible

Under current law, roughly 44 percent of U.S. homes are worth enough for it to make sense for a homeowner to itemize their deductions and take advantage of the mortgage interest deduction. Under a reconciled House and Senate tax reform plan (as reported) that proportion of homes drops to 12.5
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Rental demand pushes up prices in tight Takaka housing market

Growing demand for houses in Takaka has seen property prices there rise by the biggest percentage margin in the Nelson region over the last year, according to Quotable Value. Prices in Takaka increased by 15.3 per cent in the year to September, with the median value of a house in the area estimated
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Theresa May Will Battle Conservative Rebels in a Crucial Brexit Vote

Britain's Prime Minister Theresa May attends a meeting at 10 Downing Street in London, on Dec. 11, 2017. Toby Melville—Reuters. By Reuters. 10:21 PM EST. Prime Minister Theresa May's control of the Brexit process will undergo its stiffest parliamentary test yet on Wednesday, when she faces a
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Report: Fresno housing prices among slowest in the nation to recover

The company's Home Price Recovery Index uses the Federal Housing Finance Agency's Home Price Index as a basis to determine which housing markets have fully recovered from the downward spike in the housing market due to the recession and which still haven't reached pre-recession prices or
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Operations Analyst I–Reverse Mortgage Processing

Description. THE COMPANY Are you interested in helping solve today's most critical housing challenges? In simplest terms, Fannie Mae serves the people who house America. We work at the heart of housing by providing reliable, affordable mortgage financing in all markets at all times, buying loans
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Tax bill negotiators agree to reduce mortgage interest deduction

House and Senate negotiators have agreed to scale back the mortgage interest deduction in the latest version of the GOP tax bill, two congressional aides told AP. The move means homeowners will now be able to deduct interest on the first $750,000 of a new mortgage, down from the current limit of $1
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Hedge Funds Flock to Broker That Embraced Bitcoin Futures Early

A London-based brokerage is going where many large banks fear to tread — and it's paying off. ED&F Man Capital Markets, a $14.2 billion company, has signed agreements with 35 hedge funds, family offices and proprietary-trading firms to help them buy and sell bitcoin futures and is in talks with at
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RESIMAC offers brokers alternative to mainstream lending

Early last month, the lender announced for a limited time, it would refund the first month of mortgage repayments for specific customers. … general manager Adrienne Church said at the time, it highlighted the lender's commitment to providing options for customer who fall outside of mainstream lending.
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Publicly traded financial services firm files for Chapter 11 bankruptcy protection

The company provides consumer financing through mortgage lending and refinancing, structured settlement, annuity and lottery payment purchasing, prepaid cards, and access to providers of personal loans. In 2009, J.G. Wentworth filed a pre-packaged bankruptcy plan and reorganized, injecting $100
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Dockerty Romer Secures $36 Million Mortgage for North Carolina Apartments

A two-member team from Dockerty Romer & Co., a Delray Beach-based commercial real estate mortgage bank, secured a $36 million mortgage on an apartment building in Charlotte, North Carolina. Dockerty Romer principal Craig Romer and director Chris Romer obtained the loan for Woodfield
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TRANSACTIONS: GCP Capital arranges $41M in mortgage financing

TRANSACTIONS: GCP Capital arranges $41M in mortgage financing … A $10,887,500 first lien mortgage for the refinance of a 10-unit office building on Grand St in Paterson, NJ. … An $8,425,000 first lien mortgage for the acquisition of a 2 property, 61-unit multifamily on Decatur Ave in Bronx, NY.
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First syariah alternative to securities borrowing and lending launched

Tajuddin (third left) and Chairman of Syariah Committee of Bursa Malaysia Prof Dr Ashraf Md Hashim (third right) during the Launching of Islamic Securities Selling and Buying Negotiated Transaction. Also present are (from left) Bursa Malaysia chief commercial officer Shamsul Akmal Ahmad, Chairman
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Commercial Bank – Financial Analysis – VP – Commercial Term Lending in Seattle, WA

JPMorgan Chase & Co. has a career opportunity for a Commercial Bank – Financial Analysis – VP – Commercial Term Lending in Seattle, WA.
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Donald Trump Signs Federal Ban on Kaspersky Lab Software

President Donald Trump signed into law on Tuesday legislation that bans the use of Kaspersky Lab within the U.S. government, capping a months-long effort to purge the Moscow-based antivirus firm from federal agencies amid concerns it was vulnerable to Kremlin influence. The ban, included as part
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Apple to Bring Coding Education to Chicago Public Schools

The technology giant said Tuesday that Chicago plans to incorporate the company's coding program into its public school and city college systems. As part of the rollout, Chicago schools and city colleges will teach students Apple-sanctioned coursework related to Apple's homegrown Swift programming
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What Is Litecoin, and Why Is It Beating Bitcoin This Year?

With digital currency Bitcoin taking the spotlight in 2017, it's hard to remember the other cryptocurrencies that have been growing in its shadow. An increasingly-prominent example: Litecoin. The fourth largest digital currency by market capitalization has gone positively vertical this year, with Litecoin
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