Jeff Bezos Had a Record-Breaking One-Year Net Worth Jump

Jeff Bezos Had a Record-Breaking One-Year Net Worth Jump

With a $112 billion net worth, he not only leapfrogged over Bill Gates with his $90 billion, but also managed the biggest single-year increase of any individual on the list in the last 100 years—and became the first ever centi-billionaire. To reach his record-breaking $112 billion, Bezos's net worth jumped
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ESMA publishes CCP consultation responses

The European Securities and Markets Authority (ESMA) has published a range of responses to the consultation on its draft guidelines on procyclicality-mitigating margin measures for central counterparties (CCPs). Eurex Clearing, the London Stock Exchange (LSE) and LCH Group are some of the
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Blockchain technology comes to Landmark Title

Landmark Title Assurance Agency, an affiliate of Title Security of Arizona, is part of an agreement signed with RealBlock, to incorporate blockchain technology into its day to day operations. Title Security of Arizona, a Tucson based company, announced it had signed with RealBlock, last week. According
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The Whole Child Receives more than $300k Donation

The Whole Child is one of the oldest nonprofit mental health contractors in Los Angeles County – And thanks to a recent contribution of more than $302,000, will continue to empower children to live emotionally healthy lives. Community Bank's SVP, Regional Vice President Lyonel Alexandre, is Board
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Freddie Mac Prices $1.8 Billion Securitization of Re-Performing Loans

MCLEAN, VA–(Marketwired – Mar 9, 2018) – Freddie Mac ( OTCQB : FMCC) today announced that it priced its first Seasoned Credit Risk Transfer Trust (SCRT) offering of 2018 — a rated securitization of approximately $1.8 billion of both guaranteed senior and unguaranteed subordinate securities.
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Online mortgage lender Lenda continues growth, expands to Virginia

Earlier in the year, the company announced that its service would now be available in Illinois, Pennsylvania, Michigan, and Arizona. Previously, the company operated in California, Oregon, Washington, Colorado, and Texas. And now, Lenda is growing again, adding Virginia as its newest state.
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Payday lending initiative dealt blow

COLUMBUS—An effort to take payday lending reforms directly to voters was dealt at least a temporary blow Friday as the attorney general rejected language that would have been shown to would-be petition signers. That means that backers of the proposed Short-Term Loan Consumer Protection
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7th Circuit upholds resentencing in mortgage fraud scheme

A northern Indiana couple convicted in a mortgage fraud scheme has lost its second appeal of the spouses' sentences, with the 7th Circuit Court of Appeals ruling in its second opinion in the case that the district court did not err in calculating loss or imposing time served. In 2005, Adrian Tartareanu and
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Sector insights for 2018: Housing

The housing sector is experiencing challenges and opportunities in equal measure in 2018, making it vital that professionals take the necessary steps to get ahead of the trends. The housing industry has always been characterised by rapid evolution and changing trends, and 2018 is shaping up to be no
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CGA Real Estate Services affiliate acquires Cleveland, Ohio facilities

An affiliate of CGA Real Estate Services has acquired facilities mostly occupied by the Department of Veterans Affairs in Cleveland, Ohio. Included in the transaction are a 115,462 square foot administrative building, a 19,321 square foot tier 3 data center, a 2,080-unit structured parking facility and one
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Mortgage Loan Processing Services

Mortgage Loan processing, from document capture to automated workflows. Loan service providers are tasked with managing hundreds of documents including loan disclosures, income and asset documents, and third party documents. Without an information management workflow and business
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Goldman CEO Blankfein to Exit as Soon as Year-End, WSJ Says

Blankfein, who underwent chemotherapy for lymphoma more than two years ago, led the bank through the financial crisis in better shape than most rivals, and the company capitalized with record trading revenues. In recent years, the firm has been hit by a slowdown in the markets business, as 2017 was
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Peter Thiel's Palantir Wins $876 Million US Army Contract

Billionaire investor Peter Thiel got a fresh victory in Washington. His data-mining startup, Palantir Technologies Inc., won a much-contested contract to provide software to the U.S. Army. Palantir will work with Raytheon Co. to replace the troubled Distributed Common Ground System now in effect.
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P2P platform Lending Loop now offering corporate lending

Toronto-based Lending Loop, which provides a peer-to-peer lending platform for small business loans, is now allowing corporations to invest in small business loans through its online platform. The launch of corporate lending is expected to expand small business' ability to access fast financing, while
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Somewhat Positive News Coverage Somewhat Unlikely to Impact Arlington Asset Investment (AI …

Arlington Asset Investment logo News headlines about Arlington Asset Investment (NYSE:AI) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in
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Credit Union Acceptance Company, LLC (CUAC) and Down East Credit Union announce the …

HOUSTON, TX (March 9, 2018) — On March 6, 2018, Credit Union Acceptance Company and Down East Credit Union, announced the official launch of their joint indirect auto lending venture. CULANE is a Credit Union Service Organization (CUSO), headquartered in Baileyville, Maine and will utilize
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Blue Apron Needs Many More Double-Digit Gains to Fix Stock Woes

Blue Apron shares have a ways to go before they erase this week's loss as yet another competitor makes plans to enter the meal-kit space. Even as shares rallied Friday, gaining as much as 14 percent, they're not likely to recover from steeper declines this week. The meal-kit maker is on track for its
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Bauer Financial Gives The Murray Bank Superior 5-Star Rating

Murray, KY – The Murray Bank earned a 5-star Superior rating from Bauer Financial, an independent bank research and rating firm. This is the 14th consecutive year that they have received the highest ranking, which signifies that The Murray Bank is one of the strongest banks in the nation. “Because
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Vail super-luxury real estate market described as 'robust'

The current market of super-luxury homes costing $5 million or more in the Vail Valley has been described as “robust.” According to real estate firm Slifer Smith & Frampton (SSF) Real Estate, “as of February 28, 2018, eight homes listed over $5 million have sold year-to-date throughout the Vail Valley,
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A 'Wheel Of Fortune' Contestant Dropped One Sweet Bullet Club Reference

One minute you're watching Wheel of Fortune , and the next minute a contestant is talking about a WWE star named AJ Styles, something about a superkick party with her two boys, and a taken-aback Pat Sajak shifting off in the other direction. Thanks to the legendary Shonda on Thursday's episode of
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