The U.S. Secret Service is warning banks across the country about a new means of robbing ATMs, previously seen in Europe and Mexico, but now hitting the U.S for the first time in a coordinated way. It's called “jackpotting.” It works just like it sounds, an ATM machine is compromised to spit out cash to a
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The American Enterprise Institute's International Center on Housing Risk released its monthly update to the series on mortgage lending practices on January 29, 2018. The loan-level data, which are for loans originated between September 2012 and October 2017, are risk-rated based on default risk
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There are a variety of factors to a court's decision, but the fact that both offer mortgage services will be important. While both logos are blue in their materials, making them even more similar, the trademarks do not list color as a key attribute of the trademark, just the shape. The result could end up being
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Keurig Green Mountain, the maker of coffee pod machines, said on Monday that it planned to buy the Dr Pepper Snapple Group in an $18.7 billion deal … JAB would be the biggest stock owner if the deal were to complete, with Mondelez International, the snack food company that had been a minority
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Despite industry leaders Fannie Mae and Freddie Mac making it easier for student loan borrowers to get approved for a mortgage, borrowers may still run into lenders who may have stricter rules regarding student loans and DTI. Ameritech Financial encourages those borrowers to stay positive. Common
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VMware Inc. plunged after CNBC reported that it's considering acquiring Dell Technologies in a reverse merger, bringing Dell back to public markets in what could be the industry's biggest deal ever. VMware, which was absorbed by Dell in its $67 billion acquisition of EMC Corp., could now turn around
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According to the U.S. Attorney's Office, Hall and others submitted false mortgage applications to lenders, inflated property appraisals, and provided lenders with fake down payment checks that made it appear that straw purchases had indeed provided the necessary down payments for certain properties.
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There is one pretty good objection to active investment management, which goes something like this: Your active manager probably won't outperform a passive manager before fees, and will therefore underperform after fees, so you might as well index and save on the fees. Obviously this argument is
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Call it the cost of sexual harassment allegations in the age of the MeToo movement. Fallout from sexual misconduct accusations against casino mogul Steve Wynn continued Monday, with shares of his company Wynn Resorts (wynn, -8.51%) falling another 9%. In total, Wynn Resorts has shed about
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Yemeni women loyal to the Huthi movement hold up rifles as they attend a gathering in Sanaa on Jan. 14, 2018. Photographer: Mohammed Huwais/AFP via Getty Images. Saudi Arabia's offensive to restore a friendly government in neighboring Yemen is facing new turmoil, as two forces which have
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However, the sale is just one step in Wanda Group's process to relieving its debt and meeting its impending repayment deadlines taken on from its major international buying spree over the past few years. The group is left to manage its growing debt and sell off many of its overseas assets after Beijing
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He says real estate agents can advise clients on how to add cosmetic touches to their properties in order to maximise sale price. These can include repainting in neutral tones, updating floor coverings and tidying gardens. âWe take kitchens and bathrooms on a house-by-house basis,â he says. Mr Fenn
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According to ingatlan.com, prices of the most popular size of new homes – those of an area of 50-70 square meters – averaged HUF 673,000 per sqm in Budapest in mid-January. In other cities, prices were much lower: for example, HUF 337,000 in GyÅr, HUF 396,000 in Debrecen, and HUF 383,000 in
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The housing prices show no sign of falling. Yet, according to the Real House Price Index released by First American Financial Corporation (First American) on Monday, the home affordability crisis may be overstated for now. According to the First American Real House Price Index analyzing the
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Community Bank reported assets of $3.7 billion, with 16 business centers and headquarters in Pasadena, CA. Impact of Tax Cuts and Job Act (TCJA):. Community Bank recorded a $6.8 million or $1.95 per share one-time non-cash charge in the fourth quarter of 2017, as a result of the recently enacted
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Industrial has become one of the hottest real estate sectors the past few years as more people shop online. It's not just on Amazon, which has recently opened several large warehouses in the Chicago area. The growth is coming from logistics companies and conventional retailers, which need to store
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The U.S. is trying to regulate cybercurrency offerings. It's still unclear whether it has the authority to do so. Federal judges in Brooklyn, New York, are about to rule on the question. In doing so, they could determine whether Bitcoin and other stateless currencies are securities that can be regulated like
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LAS VEGAS–(Business Wire)–American Lending Center (ALC) this Friday and Saturday presented at the 2018 EB-5 and Global Investment Immigration Convention as the Financing Workshop and Bag sponsor, highlighting the company's unique investment approach through government backed loan
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Back in January 2017 there was a bit of worry about whether Lawrence's real estate market was going to take a downward turn in the new year. (Other than that, I think the world was pretty worry-free in January 2017.) Well, rest easier. The final real estate numbers for 2017 are in, and the Lawrence
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President Donald Trump pledged to bring prescription drug prices âway downâ and blasted pharmaceutical manufacturers for âvery unfairâ price discrimination overcharging Americans. Trump said it's âvery unfair to our countryâ that manufacturers charge Americans more for the same prescription drugs
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