US Spending Deal May Threaten Intelligence Spending Oversight

US Spending Deal May Threaten Intelligence Spending Oversight

The “problematic” aspect of that change deals with funds appropriated by the Department of Defense Missile Defeat and Defense Enhancements Appropriations Act, according to a congressional memo obtained by Bloomberg News. The change, Burr argues, would give the Trump administration more
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National banking pro aims to tackle affordable housing with new Nashville mortgage office

Michael Grant, the former head of the National Bankers Association, is back in his hometown, opening a local office for Salt Lake City-based mortgage lender United Security Financial Corp. In an interview with the Nashville Business Journal, Grant, who led the national banking group for nine years, said
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Fidelity National Title closes $192 million deal

“We recognized that we had to work with a title company that was highly talented and experienced in bond transactions,” said Ashley Spear, attorney at Holmes Law. “We knew that Kristina Gooding and the team at Fidelity were the perfect choice. Since Holmes Law was founded in 2014, our firm has
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Trump Taxes Solar Imports in Biggest Blow to Renewables Yet

The import taxes, however, will prove to be the most targeted strike on the industry yet. “Developers may have to walk away from their projects,” said Hugh Bromley, a New York-based analyst at Bloomberg New Energy Finance. “Some rooftop solar companies may have to pull out” of some states.
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German real estate investment fund snags two Holiday Inns in Poland

Hamburg's Union Investment has acquired two hotel properties in Poland from developer and operator UBM following two deals totaling €80 million. InterContinental Hotels Group is set to manage the upcoming Holiday Inn Gdańsk City Centre and the recently opened Holiday Inn Warsaw City Centre.
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Ventas Recognized as One of Fortune's 2018 World's Most Admired Companies

CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) has been named one of Fortune's World's Most Admired Companies, the only healthcare real estate investment trust (REIT) on this year's list, recognizing the Company's industry leadership, exemplary stewardship and world-class team.
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Democratic machine pulled in real estate cash while deciding council speakership

Real estate firms pumped money into the Queens County Democratic machine in the run-up to the organization's pick of the new City Council speaker. Recent disclosures with the state Board of Elections show that the Brodsky Organization, BFC Partners and Rudin Management led several of their
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Tesla Driver, Passed Out Drunk, Tells Highway Patrol Autopilot Was in Charge

The California Highway Patrol (CHP) says a driver was found passed out in his Tesla with a very high blood alcohol content on San Francisco's Bay Bridge on Friday. The driver, according to CHP, claimed the car had been “set on autopilot” in an apparent attempt to defend himself. The highway patrol
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What to Know About Peer-to-Peer Lending Apps Like Yahoo's 'Tanda'

Basically, it's a digitized lending circle. For example, if each of five people pays $100 per month over a five month period, each person gets $500 one of the months. If you're one of the first to receive the money, it's like a low-interest loan. If you're one of the last, it's a way to save (and with Yahoo's app,
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Netflix to Debut Shorter, 15-Minute Stand-Up Comedy Specials

Netflix is ordering some smaller doses of stand-up comedy. The streaming giant is continuing its investments in live-taped comedy by adding a selection of 15-minute stand-up specials from up-and-coming comedians. Netflix confirmed the news in an e-mail to Fortune on Monday after Vulture first
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Trump's top banking nominee arrived in US solo on 18th birthday with $500

President Trump's nominee to run a top banking agency will share her unusual personal story at a nomination hearing Tuesday, telling senators that she arrived in the U.S. alone on her 18th birthday with only $500. Jelena McWilliams, Trump's pick to head the Federal Deposit Insurance Corporation, left
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Fast-growing local marketplace app letgo expands into real estate listings

“We've designed letgo to make it effortless to list what you don't need and find what you do in your own neighborhood, whether that's a snowboard, an SUV or a two-bedroom apartment with a view.” According to letgo, the app's “intuitive design” means that browsing and listing housing and other types of
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Freddie Mac: Another Recession Could Be on the Horizon

Home sales will reach 6.35 million, housing starts will reach 1.3 million and home prices will increase 5.7% in 2018, Freddie Mac forecasts in its January 2018 Outlook. The report covers some of the biggest risks to the U.S. economy and housing markets, including declining affordability, obstacles to
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Western Union CEO: Moving Money Is About Connecting People

Hikmet Ersek knows how to tell a good story. And as CEO of Western Union, storytelling is how he explains to employees the company's mission and business strategies. Ersek says he has shared his own personal story “hundreds of times” about how he relied on Western Union to send money to his
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SpaceX Keeps US Air Force's Confidence After Satellite's Loss

7 launch, Lieutenant General John Thompson, commander of the Space and Missile Systems Center, said in a statement to Bloomberg News. While Thompson's comments were carefully qualified — he emphasized that “the Air Force will continue to evaluate data from all launches” — they bolstered
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Bacardi is reportedly buying Patrón in a deal valued at $5 billion

Liquor conglomerate Bacardi has agreed to buy Patrón in a deal valuing the tequila maker at $5.1 billion, according to a report by The Wall Street Journal. Bacardi previously owned 30% of Patrón Spirits International, according to WSJ. Patrón makes about $1.6 billion in revenue from its namesake
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Hampden County real estate sales climb 6% in 2017

That $1.7 billion is a 6 percent increase from the $1.6 billion spent on real estate in 2016, according to figures released Monday by Hampden County Register of Deeds Donald E. Ashe. Completed foreclosures, another key measure of the real estate market, were down 15 percent, from 770 recorded in
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A Big Year for Small Balance Loans

There is no doubt that 2017 was a huge year for the Small Balance Loans (SBL) business – at Freddie Mac and each of your firms. To be honest, every time I look at the numbers we tallied together in 2017, I think of the story of The Little Engine That Could. If you haven't seen the numbers yet, take a look
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End to Government Shutdown Avoids Risk of Home Sale Delays

“They have less folks working in their offices, so the title company takes longer for them to process, and then it takes longer for the seller to get their money and the buyer to get their key,” he said. Also, deals for homes requiring flood insurance through the National Flood Insurance Program could have
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Habitat for Humanity of Washington, DC to Dedicate Nine Homes

… Marriott Foundation, United Bank and an anonymous donation in honor of Pope Francis — and our general program sponsors — Bonded Logic, Buildable Hours, LLC, Capital One, Freddie Mac, the Estate of Ms. Ann Hyde, Valspar Paint, Wells Fargo and the World Bank Community Connections Fund.
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