Victim in bond fraud case says he'd still deal with a liar

Victim in bond fraud case says he'd still deal with a liar

Eric Marks of Ellington Financial LLC took the stand for the government on April 26 in the trial of David Demos, who is accused of ripping off Ellington and other firms by misrepresenting the prices of mortgage-backed bonds during negotiations. Demos was charged with defrauding investors in five trades
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The Only People Who Aren't Using Instant Pots? Chefs

The pressure cooker-style device, specifically the six-quart, seven-in-one model, has dominated the world of home cooking since Amazon.com Inc. featured it … and certified for household use only,” Yi Qin, vice president of product management at Instant Pot in Ottawa, Ontario, told Bloomberg by email.
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Financial Stock Recap: Ares Commercial Real Estate Corporation (ACRE)

Every trading day indicate diverse behavior and trends about Ares Commercial Real Estate Corporation (ACRE) stock. Now we observed the different factors that seen on close of Thursday session. At the end of the day, it's only a stock's performance that matters. Active investor focuses on important
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OPEC Cuts May Go Deeper as Another Member Sees Output Slump

Angola, once Africa's biggest crude producer, is suffering sharp declines at under-invested offshore fields, with output dropping almost three times as much as the nation pledged in an accord with fellow OPEC members. With the losses set to accelerate — a shipping program seen by Bloomberg News
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How to protect yourself from the next TSB-style banking disaster

TSB's week-long IT meltdown has left personal and business account customers alike struggling to pay bills, staff, suppliers, credit cards, house deposits and more. Events such as this are always unexpected, and so inevitably catch people off guard. But there are a number of ways to ensure that if your
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FC Schalke 04 team up with Hebei China Fortune

Top-tier German soccer side FC Schalke 04 have agreed a strategic cooperation deal with Chinese Super League (CSL) outfit Hebei China Fortune FC (CFFC). Schalke have described the five-year deal as “large, long-term and economically attractive”, and it is reportedly worth more than €10 million
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Microsoft's Latest Earnings Shows Cloud Growth, But Don't Forget About Windows

Get Data Sheet, Fortune's technology newsletter. Microsoft also said on Friday that a new Windows 10 update—The Windows 10 April 2018 Update—would arrive on Monday that would include some new features. Some of these include a new voice dictation service and a timeline feature that will make
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Critics Accuse FCC of Delaying Repeal of Net Neutrality to Help Corporate Interests

FCC Chairman Ajit Pai is allegedly delaying the repeal of net neutrality to help web providers like Verizon, AT&T, and Comcast, Motherboard reports. The slow pace of implementing the repeal, which will allow Internet service providers to prioritize certain traffic, is in sharp contrast to the rapid speed at
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The Korean War May Finally End. These Photos Show What the Two Countries Looked Like Before

Though the fighting officially stopped in 1953, North and South Korea never signed a peace treaty, a technicality that has highlighted the conflict between the once-united nations for decades. But a historic summit between the two leaders of the countries this week may have altered that relationship
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Why is training important for Lloyds Bank's Commercial Real Estate team?

Lloyds Bank's purpose is to help Britain prosper through its vision of being the best bank for customers. In Commercial Real Estate (CRE), which forms part of the Global Corporates division at Lloyds Bank, they want to create the best customer experience so it is critical that all their real estate colleagues
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From buyer to seller: How Ontario's housing measures played out, one year on

Just over a year ago, the Ontario government introduced measures aimed at cooling the country's largest housing market amid bubble warnings and bidding wars. The provincial Liberals' 16-point plan introduced a number of policy changes, including a 15 per cent non-resident speculation tax and rent
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TD Bank and RBC hike fixed mortgage rates

It also increased its two-year, three-year, six-year and seven-year mortgage rates. RBC shortly followed suit, raising the rates of one-to-four year mortgages by 15 basis points. Five-to-10 year mortgage rates will be hiked by 20 basis points. It has also been reported that its variable mortgage rate will go
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Carlyle's Metropolitan Real Estate collects over $139 mln for secondary fund

Metropolitan Real Estate Partners, which is backed by the Carlyle Group, has raised over $139 million for its latest secondary fund, according to an SEC filing. The target was not specified in the document. Print Email. FUNDRAISERS: Don't miss Emerging Manager Connect West 2018 in San Francisco
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Perth real estate market sales hits 25-year low

PROPERTY experts are calling the “low-water mark” of Perth's real estate market after 2017 saw the lowest number of dwelling sales in the metropolitan area in more than 25 years. Real Estate Institute of WA figures show just 26,223 sales of houses and units in Perth last year — the lowest number since
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Integrated Asset Management Corp. and IAM Real Estate Group Announce Purchase of Portfolio of …

(“IAM”) (TSX:IAM) and its real estate division, IAM Real Estate Group are pleased to announce the closing of the purchase of a 20 property portfolio. … leading alternative asset management companies with approximately $2.4 billion in assets and committed capital under management in real estate,
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4 REITs ETFs Pop on Strong Q1 Earnings

Strong first quarter earnings results help bolster real estate investment trusts and related exchange traded funds on Friday. Of the top performing ETFs on Friday, iShares Cohen & Steers Realty Majors (NYSEArca: ICF) gained 2.3%, Schwab US REIT ETF (NYSEArca: SCHH) rose 2.2%, SPDR Dow
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More bank computer chaos expected

This week's computer chaos at TSB is unlikely to be the last time millions of people face online banking problems. In recent years computer systems at NatWest, RBS, HSBC, Ulster Bank have all gone into major meltdowns. Now IT experts warn that legacy systems and quick fixes have left most main
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Lenders missing out on lucrative market

Airbnb rental properties have proliferated in recent years, but most lenders remain reticent about doling mortgages out for short-term rental properties. “Lenders are pretty uncomfortable with Airbnbs,” said CanWise Financial President and Broker of Record James Laird. “They don't really have a
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Local Borrowing Trends Released – Can Inland Empire Households Survive Rising Interest Rates?

Average mortgage rates have only jumped three-quarter points between September 2017 and April 2018 compared to 1.5 percentage points for shorter-term rates on auto loans, credit cards, and other consumer debt/financing. Mortgages rates have been held down for a variety of reasons, but many of
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The Cannes Film Festival Is Opening a Sexual Harassment Hotline in the Wake of #MeToo and …

The Cannes Film Festival will join forces with the French government to prevent sexual harassment at the prestigious event in the wake of the #MeToo movement that rocked the entertainment industry. France's gender equality minister, Marlène Schiappa, announced Friday at a press conference in Paris
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