US Sanctions Five Iranian Entities, Signals More Measures

US Sanctions Five Iranian Entities, Signals More Measures

The U.S sanctioned five Iranian entities for their work on the nation's ballistic missile program and signaled that more punitive measures lay ahead in response to the Islamic Republic's suppression of anti-government protests. The entities, none of which are publicly traded, are being designated for
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Mondelez International Inc (MDLZ) Holdings Lifted by Norinchukin Bank The

Norinchukin Bank The grew its holdings in shares of Mondelez International Inc (NASDAQ:MDLZ) by 2.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 188,737 shares of the company's stock after buying an
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Swift Winter Storm Unleashes Snow on the US East Coast

More than 67,000 homes and businesses were blacked out as of about 7 a.m. New York time Thursday, according to data from utility websites compiled by Bloomberg. Most were in and around Virginia Beach, Virginia, where Dominion Energy reported about 37,000 customers without power. A tractor
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Single Family Lending Program Bulletin

fees and programs are subject to change without notice. Single Family Lending. Program Bulletin. January 4, 2018. Program Bulletin #2018-01. To: CalHFA Approved Lenders. New CalHFA School Teacher and Employee Assistance Program and Discontinuation of Extra Credit Teacher Home Purchase
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Millennials Are Killing Yet Another Thing: Being Imperfect. And It's Not a Good Thing

Fortune 500 CEOs have regularly stated that millennials demand more out of their work than just money; they crave fulfillment. But the multi-faceted nature of modern day success, the necessities of earning a good living—and the constant social media publicizing thereof—may actually wind up having a
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Moinian ramps up lending with over $200M in NY, SoFla deals

Joseph Moinian's Moinian Group is building up its lending operation with four new financing deals for projects in Brooklyn, Harlem and Miami totaling $216.3 million, according to documents filed on the Tel Aviv Stock Exchange on Wednesday. That puts Moinian's total lending activity at $513 million,
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Santelli Exchange

Fmr. FDIC and Fifth Third Bank Chairman William Isaac and CNBC's Rick Santelli discuss declining business and small-dollar loans.
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GMO's Grantham Joins Bitcoin-Bubble Chorus as Swings Subside

Jeremy Grantham has joined the chorus of crypto-bears warning of a potential bubble in bitcoin, as the price of the digital token appears to stabilize after a wild few weeks. The chief investment strategist for GMO in Boston described the bitcoin market as a “true, crazy mini-bubble” in a letter to investors
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The Importance of Ensuring a Real Estate Closing Is Properly Conducted

Time and time again, I see a situation where a client is “penny wise, pound foolish” when it comes to properly documenting a real estate transaction. A recent decision handed down by the Superior Court of Pennsylvania in Ford v. Oliver, 2017 Pa. Super. LEXIS 1040 (Dec. 14, 2017), only illustrates why a
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Startup Turns a Buzzword Triple Play With Fintech, Bitcoin, Weed

A little-known startup has combined three of the year's hottest buzzwords into a single business goal: allow customers to use bitcoin to pay for weed products. That's Glance Technologies Inc.'s plan after inking a deal to license its mobile-payment platform to a company called Cannabis Big Data
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Apollo Commercial Real Estate Finance, Inc. Completes over $2.0 Billion of Transactions in 2017

Loan Repayments – During the fourth quarter of 2017, ARI received $653.2 million from loan repayments, including $200.9 million from first mortgage loans and $452.3 million from subordinate loans. In connection with these loan repayments, the Company recorded interest income of approximately
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The Force Is Real: How 'Star Wars' Neuroscience Is Revolutionizing Healthcare and More

As I mentioned in a previous essay for Fortune, Mendes became the first person ever to drive a Formula 1 racecar with the power of his brain alone. No steering wheel, no pedals, just a brain-computer interface transforming his brain waves into commands to accelerate, to turn right or left. Beyond this
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Is buying a home in Dallas-Fort Worth still a good investment?

“A lot of clients, just because of the property value questions, are not trying to borrow the maximum amount they could borrow,” said Carla Johnson, a real estate agent with Next Level Realty Group who sells homes across the region but specializes in the Keller/Haslet area. “They're most concerned
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Current Mortgage Rates for Thursday, January 4, 2017

Current mortgage rates are moving a little higher this morning after some better than expected economic data. We could see mortgage rates continue to adjust tomorrow morning when we get the monthly jobs report for December. Anyone looking to buy or refinance should pay attention to what happens
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Blockchain-based banking startup Babb names Paul Johnson as CIO

Blockchain-based banking startup BABB (Bank Account Based Blockchain) has appointed banking technology veteran, Paul Johnson who previously lead one of the UK's leading challenger banks, Aldermore, as CIO to spearhead the development of the world's first decentralised bank. During his time
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2017 ended with record-high home prices, record-low inventory in Denver

DENVER – 2017 was a year of new records in Denver's real estate market. The latest data from the Denver Metro Association of Realtors show the year ended with record high sales volume, record-high prices and record-low inventory. A total of 57,788 homes sold for a cumulative $25,085,597,436 in
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Angel Oak raises nearly $300 million to invest in non-QM lending

Angel Oak Capital Advisors, an investment management firm that specializes in mortgage credit, announced this week that it raised nearly $300 million to invest in non-QM lending. Specifically, the company raised $291 million in capital commitments for its first private credit fund, the Angel Oak Real
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OCBC Bank launches one-stop home advisory portal

SINGAPORE – Home buyers can now get advice and recommendations at an advisory portal set up by OCBC Bank – the first such online service launched by a Singapore bank. At the OCBC OneAdvisor Home portal, buyers can find out the types of property they can afford with the bank's home
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Property investor Nathan Birch sued over Gold Coast mortgage default

Cracks are appearing in the residential investment market, with well-known Sydney investor Nathan Birch sued by his lender after his company defaulted on a $535,000 high-interest mortgage for a Gold Coast investment property. Mr Birch, who claims to have a net worth of $30 million and earn
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Ares Management Real Estate Fund Announces Sale of Kendall Multifamily Complex in South …

NEW YORK–(BUSINESS WIRE)–Ares Management L.P. (NYSE: ARES) announced today that funds managed by its Real Estate Group have completed the sale of Signature at Kendall, an upscale garden-style multifamily development with a total of 546 residential units located in the Kendall submarket
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