Backbone Hosting Solutions Inc., a cryptocurrency mining company, said it plans to invest C$250 million ($193 million) in computing centers in Sherbrooke, Canada. The facilities will allow the company, known as Bitfarms, to quadruple its computing power and to increase its workforce in Quebec to 330
See Original Article
House flipping activity is at an 11-year high, prompting lending for these projects to soar 27%, according to Attom Data Solutions. A total of 207,088 homes were flipped over the course of 2017, which represented 5.9% of all single-family homes and condos sold last year, up from 5.7% in 2016. House
See Original Article
The long-running bankruptcy saga of Energy Future Holdings Corp. is coming to a close now that Texas has approved the sale of the company's crown jewel. The Texas Public Utility Commission authorized Sempra Energy's $9.45 billion purchase of Oncor Electric Delivery, the state's largest utility, the
See Original Article
Mortgage rates are easing today. We did see in the Freddie Mac PMMS today that mortgage rates moved higher for the ninth straight week. Rates have been expected to climb higher throughout 2018, which is why we've been recommending that borrowers lock in a rate sooner rather than later. Read on
See Original Article
Ouliana Trofimenko and Annie Rihn, who work for different technology companies on the West Coast, are both on the front lines of one of the biggest challenges to U.S. economic growth right now: a scarcity of technology talent. Trofimenko, head of technical recruiting at Mapbox, a developer of mapping
See Original Article
Then former football player said: “I am getting help from Comet Steel, who used to back me when I was starting out, and Andrew Ramsey, a cuemaker who sells his equipment in my shop under his company name ADR. “I am practising about 20 hours per week and the shop is going well but my main
See Original Article
The digitalization of mortgage lending is not a gimmick to attract millennials but a fundamental shift in the way mortgage lending is done. If you don't have plans in the works for a fully automated mortgage production process, you should. And if you already do have such plans in the works, you should
See Original Article
Well, after reporting that, we've received information that Amazon is currently looking to hire someone to lead their newly-formed mortgage lending division. Due to non-disclosure agreements, we probably shouldn't reveal their identities. After all, with Amazon planning a move into mortgage lending,
See Original Article
Iredell real estate transactions: Feb. 25 through … From MG Properties, LLC to MSMC Holdings, LLC, Lot 16 – Mooresville Gateway, 109 Professional Park Dr., Mooresville, $1,740,000, on Feb. 26. ….. From R. England to C. Blackstock, Lot 30, 134 Hallmark Estates Dr., Statesville, $82,500, on March 1.
See Original Article
Under current law, “midsize” banks such as SunTrust are subject to the same regulations under the landmark Dodd-Frank Wall Street-reform bill as even more massive Wall Street firms, including JPMorgan Chase and Citigroup. These so-called midsize banks (which Intercept banking reporter David
See Original Article
Ancient Nutrition, the maker of a bone broth protein supplement, has landed a $103 million minority investment led by private equity firm VMG partners and including Hillhouse Capital and Iconiq Capital. More than 100 industry veterans also participated in the round, including founders and current and
See Original Article
(PSDC), and a snow removal company, Ross's Home Improvement (Ross), following a slip-and-fall incident that occurred during an active blizzard. …. He is also president of Bear Abstract Services, where his title insurance company offers comprehensive title insurance, title examination and closing
See Original Article
Cardone Industries is undertaking several moves to position itself for the future including jettisoning its Whitaker Avenue distribution center in Northeast Philadelphia, investing $15 million to upgrade its Rising Sun Avenue property into a new headquarters and, for the first time, venturing to the suburbs
See Original Article
Mortgage applications for the week ending March 2 eked out only minor gains as interest rates on home loans continued to march higher. According to the latest data from the Mortgage Bankers Association (MBA), mortgage applications increased 0.3% compared with the week earlier, which included an
See Original Article
Martin Shkreli burst on the scene as an enfant terrible, a securities savant who was working on Wall Street at 17, set up his own hedge fund at 23, and launched the biotech company Retrophin Inc. after teaching himself biology. Some may remember him as the trader who shorted drug companies after
See Original Article
Foothill Ranch, CA â March 7, 2018 â eLEND Solutionsâ¢, specialists in online and in-store finance and âdeal-makingâ solutions for auto dealers, today announced they are building out their sales team with two proven auto finance sales leaders. Joe Peterson has joined as Chief Sales Officer and
See Original Article
Investors Title logo Martingale Asset Management L P lifted its stake in shares of Investors Title (NASDAQ:ITIC) by 33.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,800 shares of the insurance provider's stock after acquiring
See Original Article
Dina Powell, a former deputy national security adviser to President Donald Trump, is going back to Goldman Sachs. Dina Powell's departure from the White House offered Wall Street the chance to enlist a rare set of skills: an industry insider who can also navigate President Donald Trump's inner circle.
See Original Article
While there are several types of AFSPs, payday lenders have come under scrutiny in recent years for their role in wealth-stripping low-income communities. Specifically, through exorbitantly high interest short-term loans, predatory payday lenders lead people into what is commonly called a âdebt trap,â a
See Original Article
… lagging a little bit. Historically you tend to see supply follow demand,â said Robert Kavcic, an economist at Bank of Montreal. âThe other nuance here is that a lot of the policy changes we've seen over the last year, they really had a bigger impact on the higher end of the single detached housing market.
See Original Article
Recent Comments