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US Company Fires 200 In 'Donation Scam' Related To Telugu Organisations
US federal mortgage giant Fannie Mae has laid off about 700 employees, including Telugu workers, over the two days.
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Opinion: Not Quite The "Fog A Mirror, Buy A House," But Crypto-Based Mortgages Are Crazy
Bloomberg News reports the hot new thing in finance is the nouveau crypto riche putting up their expensive digital assets as collateral to buy expensive houses using a more-or-less traditional mortgage, but with no dead-tree dollars down.
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No Down Payment For Crypto-Based Home Mortgages; Digital Coins' Role In US Real Estate Deepens
Crypto mortgages are the latest example of the deepening role of digital coins in the U.S. real estate market, with property buyers and lenders alike embracing the volatile currencies to underpin deals for hard assets.
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Crypto Collapse Could Result in Global Financial Crisis, Claims Bank of England Executive
The deputy governor of the Bank of England, Jon Cunliffe, has called for regulators to urgently set standard rules for cryptocurrency markets. He made a direct comparison between the growing popularity in cryptocurrency and the US market boom in sub-market mortgages, which gravely intensified the global economic crisis of 2008.
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Sixth US PGA Tour Player Tests Positive For COVID-19
The US PGA tour said in a statement that Chad Campbell had withdrawn from this week's Rocket Mortgage Classic in Detroit, where he was the first alternate, after he tested positive as part of the pre-tournament screening process.
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Harris English Becomes Fifth PGA Player To Test Positive For Coronavirus
The PGA tour said that Harris English tested positive during the pre-tournament screening process in Detroit for the Rocket Mortgage Classic that starts Thursday.
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"Hunger Will Kill Us": Bhopal Woman Mortgages Mangalsutra To Feed Family Amid Lockdown
With no money, a woman who used to sell "prasad" outside a temple in Bhopal claims she was forced to mortgage her mangalsutra in order to feed her family amid the coronavirus lockdown.
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Rent Is Due, But US Mortgage Firms Brace For Mass Defaults Over Pandemic
US coronavirus: The federal government's unprecedented $2.2 trillion aid package will help ease the economic pain, but the $1,200 checks promised to every American -- and $500 for each child -- will not arrive until the second half of April.
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US E-Sports Advertising Revenue to Top $200 Million by 2020: eMarketer
From beer brewers and computer companies to mortgage lenders and sports apparel makers, brands across the spectrum are trying to figure out how best to market to e-sports fan.
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From Jackets To Bride Dresses, Family Treasures On Sale Amid US Shutdown
In the weeks since the federal government was paralyzed by a partial shutdown, furloughed workers and their families have learned a painful lesson: At a certain point, with bills piling up and no money coming in, necessity eclipses sentiment. Heirlooms, passion projects and memorabilia are suddenly a means to an end, a way to feed the kids or scrap...
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When The American Dream Became A Mortgage Nightmare
A decade ago, as the financial crisis raged in the United States, Jesus Rodriguez told his kids a fib: he was selling the family furniture because they were moving to Disney World.
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Barclays To Pay $2 Billion Fine For 2008 Financial Crisis Era Fraud: US
British banking giant Barclays has agreed to pay a $2 billion fine to resolve a fraud case involving mortgage derivatives sold in the run-up to the 2008 global financial crisis, the US Justice Department said Thursday.
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Deutsche Bank Agrees To $7.2 Billion Mortgage Settlement With US
Under the settlement, Deutsche Bank will pay a civil monetary penalty of $3.1 billion and provide $4.1 billion in consumer relief in the United States.
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US Existing Home Sales Hit More Than Nine-And-A-Half-Year High
While a recent surge in mortgage rates could hurt the housing market next year, the impact is likely to be modest given a labour market that is at or close to full employment.
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RBS To Pay $1.1 Billion To Resolve Some Of Its US Mortgage Claims
The resolution comes as RBS prepares to settle a number of U.S. cases where it is accused of mis-selling mortgage-backed bonds and brings the U.S. regulator's recoveries against various banks to $4.3 billion over their sales of such securities before the 2008 financial crisis.
-
US Company Fires 200 In 'Donation Scam' Related To Telugu Organisations
US federal mortgage giant Fannie Mae has laid off about 700 employees, including Telugu workers, over the two days.
-
Opinion: Not Quite The "Fog A Mirror, Buy A House," But Crypto-Based Mortgages Are Crazy
Bloomberg News reports the hot new thing in finance is the nouveau crypto riche putting up their expensive digital assets as collateral to buy expensive houses using a more-or-less traditional mortgage, but with no dead-tree dollars down.
-
No Down Payment For Crypto-Based Home Mortgages; Digital Coins' Role In US Real Estate Deepens
Crypto mortgages are the latest example of the deepening role of digital coins in the U.S. real estate market, with property buyers and lenders alike embracing the volatile currencies to underpin deals for hard assets.
-
Crypto Collapse Could Result in Global Financial Crisis, Claims Bank of England Executive
The deputy governor of the Bank of England, Jon Cunliffe, has called for regulators to urgently set standard rules for cryptocurrency markets. He made a direct comparison between the growing popularity in cryptocurrency and the US market boom in sub-market mortgages, which gravely intensified the global economic crisis of 2008.
-
Sixth US PGA Tour Player Tests Positive For COVID-19
The US PGA tour said in a statement that Chad Campbell had withdrawn from this week's Rocket Mortgage Classic in Detroit, where he was the first alternate, after he tested positive as part of the pre-tournament screening process.
-
Harris English Becomes Fifth PGA Player To Test Positive For Coronavirus
The PGA tour said that Harris English tested positive during the pre-tournament screening process in Detroit for the Rocket Mortgage Classic that starts Thursday.
-
"Hunger Will Kill Us": Bhopal Woman Mortgages Mangalsutra To Feed Family Amid Lockdown
With no money, a woman who used to sell "prasad" outside a temple in Bhopal claims she was forced to mortgage her mangalsutra in order to feed her family amid the coronavirus lockdown.
-
Rent Is Due, But US Mortgage Firms Brace For Mass Defaults Over Pandemic
US coronavirus: The federal government's unprecedented $2.2 trillion aid package will help ease the economic pain, but the $1,200 checks promised to every American -- and $500 for each child -- will not arrive until the second half of April.
-
US E-Sports Advertising Revenue to Top $200 Million by 2020: eMarketer
From beer brewers and computer companies to mortgage lenders and sports apparel makers, brands across the spectrum are trying to figure out how best to market to e-sports fan.
-
From Jackets To Bride Dresses, Family Treasures On Sale Amid US Shutdown
In the weeks since the federal government was paralyzed by a partial shutdown, furloughed workers and their families have learned a painful lesson: At a certain point, with bills piling up and no money coming in, necessity eclipses sentiment. Heirlooms, passion projects and memorabilia are suddenly a means to an end, a way to feed the kids or scrap...
-
When The American Dream Became A Mortgage Nightmare
A decade ago, as the financial crisis raged in the United States, Jesus Rodriguez told his kids a fib: he was selling the family furniture because they were moving to Disney World.
-
Barclays To Pay $2 Billion Fine For 2008 Financial Crisis Era Fraud: US
British banking giant Barclays has agreed to pay a $2 billion fine to resolve a fraud case involving mortgage derivatives sold in the run-up to the 2008 global financial crisis, the US Justice Department said Thursday.
-
Deutsche Bank Agrees To $7.2 Billion Mortgage Settlement With US
Under the settlement, Deutsche Bank will pay a civil monetary penalty of $3.1 billion and provide $4.1 billion in consumer relief in the United States.
-
US Existing Home Sales Hit More Than Nine-And-A-Half-Year High
While a recent surge in mortgage rates could hurt the housing market next year, the impact is likely to be modest given a labour market that is at or close to full employment.
-
RBS To Pay $1.1 Billion To Resolve Some Of Its US Mortgage Claims
The resolution comes as RBS prepares to settle a number of U.S. cases where it is accused of mis-selling mortgage-backed bonds and brings the U.S. regulator's recoveries against various banks to $4.3 billion over their sales of such securities before the 2008 financial crisis.
