Woman struggling to make mortgage payment

Woman struggling to make mortgage payment

While she is working in a retail job again two days a week, she expects to become unemployed again at the end of the year. She is seeking assistance with her December mortgage payment. She is among hundreds of local residents asking for help this season through the Empty Stocking Fund. • • •.
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Swiss Banking Giant Warns Against Buying Bitcoins That Are 'Not Money'

Since the beginning of 2017, the price of Bitcoin has skyrocketed, from $997 on January 1 to nearly $20,000 by mid-December. “In my opinion, bitcoins are not money,” Axel Weber, chairman of Swiss financial giant UBS, said in an interview to Swiss news agency NZZ am Sonntag on Sunday. The official
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Kuwait International Bank wins 'Best Sharia-compliant Bank MENA' award

KUWAIT: In recognition of its commitment to offering outstanding Islamic banking solutions and its exceptional growth over the recent years, Kuwait International Bank (KIB) was awarded “Best Sharia-Compliant Bank MENA 2017” and “Fastest Growing Islamic Bank MENA 2017” by Capital Finance
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Investment banks split on shifting assets ahead of Brexit

The world's biggest investment banks are split on whether they have to move hundreds of billions of clients' assets ahead of Brexit, with some planning to begin “novating” assets to EU entities while other want to leave existing trades where they are even after the UK leaves the EU. “Novation” — the
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Australia's ANZ reveals $1.2 billion buy-back, hints more to come

The move comes as Australia's four biggest lenders focus on pure banking, and sell off non-core assets under pressure from regulatory capital requirements to slim down. TS Lim, a banking analyst at Bell Potter Securities, said ANZ should be in a position to release another A$2 billion to A$2.5 billion in
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Trump, Real Estate Investors Get Last-Minute Perk in Tax Bill

The change, which would allow real estate businesses to take advantage of a new tax break that's planned for partnerships, limited liability companies and other so-called “pass-through” businesses, combined elements of House and Senate legislation in a new way. Its beneficiaries are clear, tax experts
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With -7.4% Earnings Drop Lately, Did MCAN Mortgage Corporation (TSE:MKP) Underperform Its …

When MCAN Mortgage Corporation (TSX:MKP) announced its most recent earnings (30 September 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. Being able to interpret how well MCAN Mortgage has done so far requires
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US-based Liberian Journalist, Getahn Ward, Dies at 45

He said he was on top of the city's real estate trends, particularly in the urban core amid Nashville's ongoing boom. “He was looking for the facts and the story underneath the transaction,” Bloom said of Ward's hard-nosed approach. “And like all good reporters, he was wanting to find out about the
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M&T Bank's Robert Wilmers passes away at 83

Robert Wilmers, the longtime chairman and chief executive of Buffalo-based M&T Bank Corp. and one of the region's most influential business and civic leaders, has died. The New York City-born Wilmers, who built a financial industry giant on the premise of conservative community-style banking,
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China property price growth slows to 21-month low

Growth in the cost of new housing in China decelerated for a twelfth straight month in November, according to official figures, marking the slowest rise since early 2016. The average cost of new housing in 70 major cities grew 5.1 per cent in November, according to a weighted average from Reuters
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UBS sees non-banking financial companies lining up for IPOs in 2018

Mumbai: European financial services firm UBS AG expects its Indian investment banking business to become a bigger part of its global franchise due to stronger equity capital markets and merger and acquisition (M&A) activity, senior executives said at a media roundtable on Friday. Earlier this year
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Are Analysts Bullish Blackstone Mortgage Trust, Inc. (NYSE:BXMT) After Last Week?

Investors sentiment decreased to 1.19 in 2017 Q2. Its down 0.04, from 1.23 in 2017Q1. It dived, as 29 investors sold Blackstone Mortgage Trust, Inc. shares while 51 reduced holdings. 18 funds opened positions while 77 raised stakes. 55.96 million shares or 1.14% less from 56.60 million shares in
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ECB: Ireland's Central Bank must enforce tracker mortgage redress

Banks that ripped off tracker mortgage customers could be investigated by the European Central Bank for failing to control financial risks and internal misconduct. Daniele Nouy, chairwoman of the supervisory board of the ECB. The prospect of Irish banks paying out compensation to customers and fines
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Swiss banking giant boss says bitcoins 'not money', urges regulators to act

A waitress shows how to pay a coffee with bitcoins, on December 11, at a bar in Rovereto, northern Italy. AFP Photo. The chairman of Swiss banking giant UBS said in an interview published Sunday that he does not consider the soaring cryptocurrency bitcoin as money and called for regulators to
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Net foreign buying on Bursa crosses RM10bil

“Based on preliminary data from Bursa which excluded off market trades, the amount acquired by international investors was RM495.3mil net, a level not reached for the past seven months … MIDF said foreign buying peaked on Thursday at RM310.4mil net, the largest daily inflow since April 28 this year.
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Tiedemann Wealth Management LLC Acquires 5395 Shares of International Paper Company (IP)

BlackRock Inc. boosted its holdings in shares of International Paper by 4.4% during the 2nd quarter. BlackRock Inc. now owns 38,831,623 shares of the basic materials company's stock worth $2,198,257,000 after buying an additional 1,648,915 shares during the period. Iridian Asset Management LLC
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David Robinson: To WNY, Bob Wilmers was much more than a banker

As chairman and CEO of M&T Bank, Wilmers, 83, was one of the first to see the potential in the Buffalo Niagara region as a back office banking power, where the region's lower wage scale and more affordable cost of living would allow banks like M&T to grow and serve their customers, without taking on
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PRECIOUS-Gold prices edge down amid firmer dollar, equities

Dec 18 (Reuters) – Gold prices inched down early on Monday, pressured by firmer equities and a buoyant dollar after a bill to overhaul the tax system in … DATA/EVENT AHEAD (GMT) 0130 China House prices Nov 1500 U.S. NAHB housing market index Dec (Reporting by Apeksha Nair in Bengaluru;
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Rapid housing price rises could lead to instability, says World Bank

THE rapid increases in real housing prices since 2008 could be a source of future instability, according to the World Bank's latest Malaysia Economic Monitor report. The report said increases in housing prices can relax borrowing constraints and allow existing homeowners to increase consumption,
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Fixed mortgage rates drive market pickup

According to the report, the RBNZ's recent decision to loosen its loan-to-value ratios (LVRs) mortgage lending restrictions will also have a modest short-term impact. Property investors will be able to leverage up a little more, and a few more owner occupiers will be able to borrow more than 80% of a
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