LevelUp, a second, more-recent product, is a mobile payment and rewards network, that the company introduced into beta in July 2011.

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Layering of risk means the borrowers courted by these lenders had multiple characteristics that would put them at high risk for default, including no down payment, no documentation of income or assets, low credit scores and second mortgage in lieu of a down payment.

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The China Banking Regulatory Commission has warned banks to stick to rules on mortgages for second homes, which require a down-payment of at least 40% of a property's value.

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Both Beijing and Shanghai have increased down payment requirements on second homes and upped a sales tax from 2% to 20% on all used home sales.

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And the government has pledged to send out a second voucher when the child is seven, but the value of the second payment is not yet known.

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That'll be up to the board of One Fund Boston, whether they believe that whatever money is after June 15th should be allocated to these victims as second payment or whether it ought to be allocated in different amounts or to the community as a whole.

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Where Members of Parliament have a second source of income from second jobs, irrespective of whether it is in their capacity as an MP, every payment shall be declared with a full description of who paid and what for.

BBC: In full: MP expenses reform plans