In the most volatile week in financial markets since the financial crisis, U.S. equities ended the week lower by more than 5%. REITs are now 15% below their December highs. While the implosion of volatility-linked trading products got the blame for the early-week sell-off, the blame quickly shifted to
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Fortune Brands Home & Security, Inc. (NYSE:FBHS) enjoyed a 13.01% run-up in share price since hitting record low of $55.25. The stock managed -1.51% fall and now stands at $62.44 as of 02/08/2018. At recent session, the prices were hovering between $62.43 and $64.6. This company shares are
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The company announced Friday that it successfully completed its financial restructuring plan, which eliminated $800 million in debt, and emerged from Chapter 11 bankruptcy. With the bankruptcy now in the rearview mirror, Walter Investment is changing its name to Ditech Holding Corp., adopting the
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From Pearce Real Estate Barbara L. Pearce, CEO and President of Pearce Real Estate, today announced that Jason Alaskahas joined Pearce Real Estate as a Residential Sales Associate in the Guilford shoreline office. He reports to Nanette Pastore, Senior Vice President and Shoreline Office manager
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The settlement and orders involve mortgage brokerages and brokers. Fortress is not a mortgage brokerage or administrator. Fortress is a real estate developer and development consultant. Fortress does not believe that the settlement and orders will harm its business and look forward to continuing to
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However, despite the fewer sales, the condos still fetched strong prices. âOverall in 2017, single-family sales were up nearly 28 percent and luxury condo sales were up more than 60 percent,â said Jill Schafer, DMAR market trends committee member. Last year's luxury home market closed out with
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Q: I've owned several parcels of property in one subdivision for years. I've paid taxes on them and maintained them. I had a prospective buyer contact me and I signed a contract to sell them, but the title company says there was a “break in the chain of title” 40 years ago on one of the lots and refuses to
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Arlington Asset Investment logo Media stories about Arlington Asset Investment (NYSE:AI) have been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time.
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ECONOMYNEXT â Sri Lankan banks have overshot lending targets under an Asian Development Bank (ADB) small business credit program to avoid penalties … Just 25% of Sri Lankan firms have said that they did not need a loan, the lowest among ADB developing members, according to the lender.
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A couple of properties stand out right now. One is waterfront at 94 Menemsha Inn Road listed at $6,750,000. The property is listed by Tea Lane Associates and Flanders Real Estate. Their description really says it all: âelegant, architect-designed main house and guest quarters ⦠steeped in privacy at the
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The purpose of this article is to articulate why I believe Westpac Banking Corp. (NYSE:WBK) is not an attractive investment option at its current market price. WBK has come under pressure the last few months, and I don't see many positive catalysts which will propel the stock higher short-term. My overall
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Marriott International logo Teacher Retirement System of Texas raised its stake in Marriott International Inc (NASDAQ:MAR) by 1,766.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 189,029 shares of the company's stock after buying an
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The Chinese stock market had a strong year in 2017, but can it continue its strength into 2018? The Chinese stock market had a strong year in 2017, outpacing both its developed and emerging market rivals. Stock market returns were around 35% in sterling terms, driven in particular by the strong
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Recent movement in the Real Estate Index accurately predicted that November's surge in existing home sales would not be sustained, and its current reading suggests that home sales will remain subdued in the short term. Meanwhile, LegalShield's Consumer Financial Stress Index continues to suggest
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Tackling the Case-Shiller Index and what it means for today's buyers and sellers; Mortgage rates for conforming loans, FHA loans, VA loans, and USDA loans; Using jumbo loans on non-jumbo homes and loan sizes.
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It didn't take Omarosa Manigault Newman very long to go from being Donald Trump's advisor in the White House to one of the president's harshest critics on television. The former Director of Communications for the Office of Public Liaison in the White House, who left that role in a reportedly tumultuous
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There's no avoiding market volatility. But it's a disgrace that Washington is doing all it can to make the problem worse. –Editors: Clive Crook, Michael Newman. To contact the senior editor responsible for Bloomberg View's editorials: David Shipley at davidshipley@bloomberg.net . Before it's here, it's on
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A new report pointing out the heavy debt burden under which too many Chicago-area homeowners are struggling illustrates the urgent need for property tax relief in Illinois. The Chicago area had more homeowners seriously underwater on their mortgages in 2017 than any of the other 10 largest U.S.
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U.K. utilities may have to delay or give up on building power stations as new generators won only a fraction of the capacity offered in a tender to provide backup electricity. The auction process, set up to encourage new installations, only saw 1.5 percent of the total going to proposed plants. The lack of
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WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on BSAC, BAC, CM, and C which can be accessed for free by signing up to www.wallstequities.com/registration. This morning, WallStEquities.com revisits the Money Center Banks space
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