US Supreme Court Justices Clash Over Mandatory Union Fees

US Supreme Court Justices Clash Over Mandatory Union Fees

Members of the U.S. Supreme Court clashed sharply Monday over the right of public-sector workers to refuse to pay union fees, while the justice who will cast the deciding vote kept silent during an hour-long argument. Justice Neil Gorsuch, President Donald Trump's appointee who is serving his first full
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Supreme Court Extends DACA Relief for 'Dreamers'

Demonstrators, many of them recent immigrants to America, protest the government shutdown and the lack of a deal on DACA (Deferred Action for Childhood Arrivals) outside of Federal Plaza on Jan. 22, 2018 in New York City. Spencer Platt—Getty Images. By Chris Morris. 11:19 AM EST. President
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Buffett-Dimon Health Venture to Go Beyond Just Squeezing the Middlemen

Buffett's Berkshire Hathaway Inc., along with Amazon.com Inc. and JPMorgan Chase & Co., said in late January that they planned to start a joint health venture to improve care for their workers. While the companies didn't give much detail at the time, the announcement prompted broad speculation and
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Sexual-Orientation Bias Violates Law, Appeals Court Says

The LGBT community and its corporate supporters won a legal victory over the Trump administration as a federal appeals court ruled that firing workers over their sexual orientation is a form of sex discrimination. The landmark Civil Rights Act of 1964, which bars workplace discrimination on the basis of
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The coming crisis with interest-only loans

Interest-only loans, which postpone the repayment of the loan principal for a fixed term, usually between three to five years, have been targeted by financial regulators, including the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia (RBA). These institutions are worried
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Peer-to-Peer Lending Startup Blender Raises $16 Million in Debt Financing and Equity

Israel-based peer-to-peer lending startup Blender P2P Israel Ltd. has raised $16 million in equity and debt financing, the company announced Monday. … Tel Aviv metropolitan area, Blender's online service allows users to apply for a loan of up to EUR 10,000 (approximately $12,350) or become lenders
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Hunt Mortgage Group Provides Financing to Develop an Affordable Multifamily Property Located in …

NEW YORK, Feb. 26, 2018 /PRNewswire/ — Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it has provided a Freddie Mac loan in the amount of $5.4 million to finance the construction of an affordable multifamily property located in
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French non-bank lender attracted to commercial

But Mr Jacquemin flagged that lending would be a major focus for the group. “One of the areas we're looking to expand into is commercial real estate debt,” he said. AXA IM-Real Assets is the top non-bank lender in Europe and is also active in Japan. “We feel that the regulatory issues affecting capital
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Q&A: AfDB risk officer on how innovation helps them lend more

Over the years, the bank's lending environment has improved and adapted to borrower countries' evolving needs. AfDB introduced options that allowed borrowers to choose from a number of currencies, and since 2000 has offered borrowers the ability to customize their debt repayment profile with
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US new home sales drop for second straight month

The report came on the heels of data last week showing sales of previously owned homes declined for a second straight month in January amid near record low housing inventory. Home sales are being constrained by a severe shortage of houses, especially on the lower end of the market, that is
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Investors Bank Sets Up Equipment Lending Division

“We welcome this exceptional capital equipment finance team to our lending group,” CEO Kevin Cummings said. “After reviewing its equipment financing operations, our executive team decided that Mr. Walters' group is the perfect fit for us. They know the market, are based in New Jersey, serve clients
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Fintech lenders increase efficiency of US mortgage lending, research says

Fintech mortgage lenders are increasing their presence in the US, offering fast, reliable and flexible credit solutions, according to research published by the Federal Reserve Bank of New York. “Taken together, our results suggest that recent technological innovations are improving the efficiency of the
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Servicing Package Offered; Upcoming Events and Sales Workshops

As local, state, and national organizations plunge into another year's worth of conferences, there is some good news for those that imbibe in adult beverages. According to this … Non-depository lenders are still searching for lines of credit to finance their mortgage servicing rights (MSR). And servicing
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The influence of technology in second charge lending

Moving into 2018, the vast potential attached to second charge will continue to spark lender interest; and it's my hope that any new entrant will be technologically savvy, innovative and service orientated. These are important components in further enhancing the profile and perception of the sector, and
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Rising Rates: Who Will Be Hit and How Hard?

Once the costs for a new mortgage rise above what the borrower is paying on the existing home, the tendency is to delay the sale and new purchase. However, families who must move, perhaps to relocate for a new job or to accommodate a growing family, will accept a marginal increase in financing
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BankThink FHA premium cut would make homes less affordable, not more

In new research by the AEI Housing Center, we along with our colleagues found that home prices went up by about 2.5% for FHA borrowers — that is because a portion of the premium drop pushed home prices higher due to the supply-constrained seller's market. FHA's premium cut increased buying
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Greystone Real Estate Advisors Closes Sale of Texas Senior Living Portfolio

Greystone is a real estate lending, investment and advisory company with an established reputation as a leader in multifamily and healthcare finance, having ranked as a top FHA, Fannie Mae, and Freddie Mac lender in these sectors. Our range of services includes commercial lending across a variety
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Garanti Bank and Garanti Leasing sign two lending agreements with IFC amounting to EUR 32 mln …

Garanti Bank and Garanti Leasing, part of Garanti Romania, one of the most dynamic financial groups on the local market, have signed two lending agreements with IFC, a member of World Bank Group, amounting to EUR 32 million, with the purpose of financing Romanian small and medium sized
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Qualcomm Leaves Price as Final Hurdle to Broadcom Takeover

Qualcomm Inc. has said it will engage in negotiations with Broadcom Ltd., the clearest indication by the company that it is open to a potential takeover. Following a meeting with executives at both companies on Friday, Qualcomm Chairman Paul E. Jacobs sent a letter to his rival Hock Tan, published
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Trump's Obamacare Changes to Push Up Premiums, Report Projects

The Trump administration's efforts to loosen health insurance rules will increase premiums for Obamacare plans by double-digit percentages in most states next year, according to a new analysis by the Urban Institute. Monthly payments for a traditional health insurance plan sold through Obamacare will
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