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Business TV personality and converted Bitcoin proponent Jim Cramer has sold half of what he calls his “phoney money” Bitcoin portfolio to pay off his mortgage..@jimcramer discloses that he bought a lot of bitcoin when it was around $12K. He says he sold half of it to pay off his
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Michael Cagney, the founder of blockchain lending startup Figure Technologies, wants to set up a special purpose acquisition company (SPAC), it announced in a regulatory filing Thursday.The blank-check firm seeks to raise $250 million, according to the prospectus filed with the U.S. Securities and Exchange Commission (SEC), and will be
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The facility covers both conforming and jumbo mortgages – loans in excess of the traditional lending restrictions. Source
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The Information Commissioner’s Office (ICO) has fined OSL Financial Consultancy Limited (OSL) £50,000 for illegally sending 174,342 nuisance marketing texts. The Barnetby based
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Wells Fargo has changed the balance requirements for new clients to refinance a jumbo mortgage. This increases access difficulty.Wells Fargo & Co (NYSE: WFC), the largest mortgage lender in the U.S., has raised its requirements for incoming clients to refinance a jumbo mortgage. The bank’s new clients are now expected
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The U.S. housing market is bouncing back quickly, fueled by record-low mortgage rates. The housing shortage is worsening, further increasing home prices. Low-income Americans can’t afford a house despite low mortgage rates. The pandemic has hit the U.S. housing market hard. Millions of Americans have lost their jobs and did little shopping because
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Russia’s central bank is considering putting mortgage records on Masterchain – a government-backed distribute ledger project now in testing with leading banks. Speaking during an online meeting with the country’s parliament, the State Duma, the Bank of Russia’s first deputy chief, Olga Skorobogatove, said a previously launched trial on a decentralized
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