Main Line payday lender Hallinan may have to forfeit $491M

Federal prosecutors are pursuing a $491 million criminal forfeiture judgment — one of the largest in their office's history — against Charles M. Hallinan, a payday lending pioneer and Villanova resident who was found guilty last month on racketeering conspiracy charges. Pictured in this Nov.27 file photo
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The digital coin's 1,500 percent rally this year has left crypto-crazed Japanese investors likely sitting on hefty gains that Nomura thinks will spur consumer spending. “Rises in asset values often result in a rise in consumer spending too, known as the wealth effect,” the team, led by Yoshiyuki Suimon,
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Vermont legislators approved a plan to sell $37 million in “sustainability bonds” that will be used to finance construction of new affordable housing across the state. According to the Vermont Housing Finance Agency (VHFA), the bonds will go on sale beginning on Jan. 8 and will finance the creation of up
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The lender, which was ranked the UK's eighth-biggest in terms of gross lending during 2016 by the Council of Mortgage Lenders (CML) – now part of UK Finance – predicts it will achieve a market share of around 3 per cent next year. Virgin Money's market share in 2016 was 3.4 per cent, according to the
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Oberoi Realty Limited (NSEI:OBEROIRLTY), a INR₹160.11B mid-cap, is a real estate company operating in an industry which is the most prevalent industry in the global economy, and as an asset class, it has continued to play a crucial role in the portfolios of various investors. Real estate assets usually
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The Goods and Services Tax (GST), Benami Property Act and the implementation of the Real Estate Regulation & Development Act (RERA), affected the sector in a variety of ways. The implementation of RERA, however, increased the hope that transparency and accountability will change the contours
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The year 2017 gave us record stock prices (including a Dow Jones Industrial Average approaching 25,000), lots of Twitter (NYSE: TWTR) storms from President Donald Trump and Amazon.com's (Nasdaq: AMZN) search for a second headquarters. So what will 2018 have in store for the economy and
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Crown Castle International Corp. (REIT) (NYSE:CCI) shares are up more than 26.56% this year and recently increased 0.36% or $0.39 to settle at $109.82. Glowpoint, Inc. (NYSE:GLOW), on the other hand, is up 33.50% year to date as of 12/27/2017. It currently trades at $0.36 and has returned 14.37%
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The frequency of defects and fraud in mortgage applications remained unchanged between October and November, according to First American Financial Corporation's latest Loan Application Defect Index data. However, when compared to one year earlier, November's Defect Index was up by 22.1
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Bank lending slowed up last month, on the back of a slower pace in lending to financial institutions. Loans hit $654 billion in November, up from $650 billion in October – a 0.6 per cent increase and well below the 1.4 per cent month-on-month gain in October. Business borrowing rose 0.5 per cent from
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BUSINESS WIRE)–Anworth Mortgage Asset Corporation (NYSE: ANH) announced that in accordance with the terms of Anworth's 6.25% Series B … (ii) our financing and hedging activities; and (iii) providing us with management services and other services and activities relating to our assets and
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Carter Bank is in the midst of a comprehensive overhaul of its operating system that, when completed in the third quarter, would allow it to offer mobile and internet banking for the first time. And catching up to the rest of the industry in digital banking should accelerate Carter Bank's effort to attract more
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But home prices continue to increase, fueling the housing market's value growth. Home prices recently increased in October, and experts are beginning to fear 2018 could lock many potential buyers out of the housing market, forcing them to rent, according to the latest report released by S&P Dow Jones
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The average price for home sales in the region rose for the 17th consecutive month in November, including increases in both Butler and Warren … The median home sales price for the year in Butler County rose 5.6 percent from 2016, while the average amount of days on the market dipped 22 percent.
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Ray White Queensland CEO Tony Warland said the start of 2018 would be strong for the property market. “November is … Picture: realestate.com.auSource:Supplied … LJ Hooker's predictions report tips one of the big trends for property in 2018 will be that bitcoin transactions become more common.
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In at least one respect, Donald Trump's presidency is already historic: Never before has a president left so many senior jobs vacant for so long. If his goal is to downsize the bureaucracy — not a terrible idea — then he is going about it in a spectacularly wrongheaded way. There are 624 senior appointed
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I am bookkeeper/part owner of a small business. I have used quickbooks for a few years to record income/expenses but our tax accountant would now like to make sure that we reconcile our bank accounts in quickbooks as well. I'd like to start in jan 2016. How do I start midstream? Our accounts all had
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There were hundreds of real estate transactions and deals that led to stories this year and all with their own merits. It's not always the big deals that warrant attention or rise to the top, but sometimes the more intriguing stories such as the discovery of three residential condominiums in the new Comcast
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In Maui, led the nation with luxury prices that saw a nearly 33 percent ascent in 2017, closing the year with an average of $2.485 million compared to the previous year. Other Hawaiian markets with aggressive luxury price appreciation were Kauai, which came in fourth place with a 25 percent spike in
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There is a significant sector of the real estate market that looks like it may be set to go through a tough stretch. That sector is office space. Starting three years, new office construction began to surge, leading to a buildup in office inventory. That construction continues today, and now ratings agency
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