Rocklin man sentenced to prison in mortgage fraud scheme

A Rocklin man has been sentenced to three years and 10 months in federal prison for his role in a mortgage fraud scheme. Aleksandr Kovalev, 54, was sentenced Thursday in Sacramento by U.S. District Judge Morrison C. England Jr. He was the last to be sentenced of the nine people who were
See Original Article

GREENWICH, CT — United Bank, a Hartford-based financial institution, recently received approval from the state Department of Banking to open its first full-service branch in southwestern Connecticut, the bank announced. That new branch will be located at 415 Greenwich Ave., a currently vacant
See Original Article

There are 20 cities shortlisted by Amazon.com Inc. for its second North American headquarters — and at least one real estate fund is trying to score a payday in the stock market if the e-commerce giant chooses the Washington, D.C., area. Third Avenue Real Estate Value Fund, which manages a little less
See Original Article

Deregulation has been a major Republican policy success in the current Congress, and the GOP may not be done. Next up for the potential axe: The notorious auto-lending rule. This is an Obama Administration classic. Recall that Dodd-Frank expressly prohibited the Consumer Financial Protection
See Original Article

By the end of this year, the balance of non-performing loans of the domestic real estate industry will reach 85.5 billion yuan (US$13.59 billion), while the non-performing loan ratio will reach 1.5%, according to a study reported by eeo.com.cn. The annual market survey of China's Financial Non-performing
See Original Article

The team has been snubbed by ESPN numerous times, and even Wheel of Fortune left them out of a puzzle that had a Chicago sports theme earlier this year. But the latter did more than enough to make up for that snub in the show that aired Thursday night. “Chicago White Sox Fans” was the answer to
See Original Article

President Xi Jinping presided over the biggest naval fleet review since 1949 in the South China Sea and called on his nation to build a world-class navy, while the government scheduled a live-fire military drill in the Taiwan Straits for next week. Xi urged the navy to stay on high alert, safeguard national
See Original Article

The Houston Business Journal annually recognizes the city's top commercial real estate brokers based on their gross dollar volume of deals completed the previous year. The Heavy Hitters represent six sectors — office tenant, office landlord, industrial, retail, land and investment — and are listed below
See Original Article

A data breach in 2016 exposed the names, phone numbers and email addresses of more than 20 million people who use Uber Technologies Inc.'s service in the U.S., authorities said on Thursday, as they chastised the ride-hailing company for not revealing the lapse earlier. The Federal Trade
See Original Article

Scott Hannah says low borrowing costs and rising home prices have lured Canadians into a debt trap they may not escape if looming economic threats materialize. Hannah, president of the Credit Counselling Society, is seeing an influx of clients as higher financing costs begin to bite and people find it
See Original Article

Artificial intelligence technologies aren't just being used to help computers more quickly recognizing dogs in photos. Several businesses like Mastercard and fast-growing drone companies are exploring ways that AI technologies like machine learning can better verify people's identities and process
See Original Article

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to fifty-four classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2018-4 (SEMT 2018-4), a prime RMBS transaction. SEMT 2018-4 contains both prime jumbo (79.5%) and high-balance
See Original Article

… a 196-unit garden-style apartment community located in Schaumburg, Illinois; Two Itasca Place, a 70-unit class A property in Itasca, Illinois; The Attleigh, a 184-unit garden-style apartment community in Columbus, Ohio; and Rockland West, a 500-bed purpose-built student housing property that serves
See Original Article

“I've been in the real estate business for 45 years and this year is the most intense boom market I have ever experienced,” Spencer said. “I can still remember the billboard from the early 1970s, 'Will the last person leaving Seattle – turn out the lights.' It's hard to believe this is the same place.” From the
See Original Article

Amazon is lowering the price of the first-generation Ring Video Doorbell, its digital doorman that doubles as both a smart doorbell and outdoor security camera. After finalizing its purchase of Ring, Amazon cut the price of the Ring Video Doorbell to $100 — down from $150 on Amazon and the $179 it
See Original Article

CYS Investments, Inc. is a specialty finance company that invests on a leveraged basis primarily in residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. The Company refers to these securities as Agency
See Original Article

Meanwhile, Norwegian says it was not aware of IAG's share purchase until it was reported in the media this morning. The carrier reports that there have not been any discussions with IAG on a full offer, but “believes that interest from one of the largest international aviation groups demonstrates the
See Original Article

A young boy watches Britain's Got Talent contestant Susan Boyle on YouTube on April 21, 2009 in Glasgow, Scotland. Jeff J. Mitchell—Getty Images. By David Monahan. April 12, 2018. Growing up, many of us watched cartoons after school and on Saturday mornings. Today, kids have
See Original Article

GoPro Inc. jumped as much as 8.8 percent after a report said Chinese electronics maker Xiaomi Corp. has weighed whether to make an offer for the action-camera maker. Chief Executive Officer Nick Woodman has said he is open to a deal and earlier this year the company hired investment bank
See Original Article

SANTA ANA, Calif.–(BUSINESS WIRE)–First American Mortgage Solutions, LLC, a part of the First American family of companies, today announced the expansion of the application programming interfaces (APIs) available through its Digital Gateway, giving users greater flexibility to create modern,
See Original Article