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Pending Home Sales: National Update

The National Association of Realtors (NAR) recently released an update on its Pending Home Sales Index (PHSI)—reporting the index is 3.5 percent below last year, and is now at its lowest reading since January 2015. According to the report, activity declined annually both nationally and in ...

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RBS Faces 10 Years Without Profits

The Royal Bank of Scotland has agreed to pay a monetary penalty of $35 million to settle a residential mortgage-backed securities fraud claim and is ready to “build a simpler, stronger bank.”

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Treasury Reports Regulation Improvements

The U.S. Department of the Treasury recently released its third report on the evaluation of the Administration's Core Principles for financial regulation in an effort to establish recommendations for improvements with the current regulatory framework.

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As individuals make their way through the industry and companies merge, follow all the important highlights in this weeks update.

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