NEWARK, NJ – An Essex County, New Jersey man was sentenced today to 108 months in prison for conspiring to obtain mortgages to finance the sale of properties to unqualified buyers, fraud in securities by tricking a victim into investing more than $1.2 million in real estate businesses under false …
Read More »NJ attracts $5.5 billion in venture capital in 2021; Princeton Launches Regional I-Corps Program; Coviello Promoted – NJ Tech Weekly
March 8, 2022 Esther Surden EDA or NJ Gov programs, entrepreneurship, government or politics, Innovation, investors, News, NJ Tech People, New Jersey Universities, startups, technology entrepreneurship, The universities, [This article was taken from NJTW News, an NJTechWeekly.com newsletter. Sign up for it here.] Venture Capital Funding Soars in New Jersey …
Read More »How Bel-Air manages the Banks family fortune
Evans Vestal Ward / Peacock When I was younger, I sometimes wondered why we only saw two or three rooms in the house. The prince of Bel-Air with any regularity. The Banks Family House sitcom set on the original fresh prince was like looking into a miniature dollhouse, and in …
Read More »Sri Lankan American investor Palihapitiya faces legal action against insurance company he made public, judge rules
Sri Lankan American businessman and investor Chamath Palihapitiya and executives of Clover Health Investments, which he went public with last year, face a lawsuit that claims he misled investors. U.S. District Judge Aleta Trauger in Nashville declined to dismiss the case on March 1, “allowing investors to pursue allegations that …
Read More »Average National Property Tax Default Rate Declines in 2021, CoreLogic Reports | Your money
IRVINE, Calif.–(BUSINESS WIRE)–February 23, 2022– CoreLogic, a leading global provider of property insights, analytics and data solutions, today released its Property Tax Delinquency Report, which analyzes changes in national and state property tax arrears. Annual data for 2021 shows an average national crime rate of 5.9%, down 0.4% from the …
Read More »New Jersey’s American Dream Megamall goes into debt again
(Bloomberg) – Since its grand opening nearly two decades ago, the mega-mall built in New Jersey’s Meadowlands has made little but a hemorrhage. Now, less than two years after its much-delayed opening, the resort known as American Dream threatens to crush the lofty ambitions of another developer. Bloomberg’s Most Read …
Read More »Typical home value exceeds $1 million in 481 cities: Zillow
Many businesses featured on Money advertise with us. The opinions are our own, but the compensation and extensive research determines where and how businesses can appear. Learn more about how we earn money. More and more homes in the United States are worth $1 million – or much more. A …
Read More »Key Lending Information: Facts You Should Know
Post views: 268 Can I cancel my credit insurance? How do people with bad credit history get credit? Can I prepay installment loans? We’ve rounded up ten popular credit questions users ask online. Average US Credit Card Debt The US debt situation is getting worse every year. The average American’s …
Read More »NJ.com will host a virtual event to educate first-time homebuyers: how to register for free
As part of NJ.com’s EmpowerU series of events, we’re hosting a free virtual webinar detailing everything you need to know about buying your first home. During the “What First-Time Home Buyers Need to Know” event, real estate professionals will guide viewers through setting their intentions, working with a real estate …
Read More »Peapack-Gladstone Financial Cor – Consensus Indicates 5.0% Upside Potential
Peapack-Gladstone Financial Corporation with ticker code (PGC) now have 4 analysts covering the stock with the consensus suggesting a buy rating. The target price ranges between 43.75 and 37 by calculating the average target price we have 39.44. Together with the stock’s previous close at 37.56, this indicates that there …
Read More »HORTON DR INC /DE/ MANAGEMENT REPORT OF FINANCIAL POSITION AND RESULTS OF OPERATIONS (Form 10-Q)
The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our consolidated financial statements and related notes included in this quarterly report and with our annual report on Form 10-K for the fiscal year ended September 30, 2021. Some of the …
Read More »Where to put your money when inflation is on the rise: 5 expert tips
Trying to time the markets is often a wild ride. If you need proof, just look at the dot-com meltdown of the 90s or the housing crash of 2008. But react to what you almost know is about to happen? This is called being notified. In December, the Federal Reserve …
Read More »Transactions and financing: Florida Nonprofit Buys Community and Land Parcel; Dwight Capital closes $291 million in the fourth quarter
Transactions Senior Living Residences expands to Connecticut Massachusetts-based Senior Living Residences has taken over management of Ridgefield Station Senior Living, an assisted living and memory care community in Ridgefield, Connecticut. Ridgefield Station, formerly Atria Ridgefield operated by Atria Senior Living, represents the first SLR community in Connecticut. Sales Grandbridge Real …
Read More »Missouri Small Business Loans | Navigation
More than half a million small businesses call Missouri home and in turn employ some 1.2 million Missourians according to the SBA Advocacy Office. Small business loans are essential for many new and existing businesses, as well as those struggling to survive the challenges posed by the coronavirus pandemic. If …
Read More »Housing rebound examined at HGAR event
New York’s resilience and the rebound of the real estate market in the city as well as throughout the Hudson Valley came under scrutiny in a webinar produced by the Hudson Gateway Association of Realtors (HGAR) in the series “Getting the Deal Done”. HGAR CEO Richard Haggerty said: “We ended …
Read More »‘Big boost’ for real estate: Housing market boiling in Cambria-Somerset area, report says | Local News
JOHNSTOWN, PA. – More people put residential properties up for sale in 2021 than the previous year, and buyers seized them, according to a housing market report from the Cambria Somerset Association of REALTORS. New listings were up 25.9% in 2021 compared to 2020, while days on market and months …
Read More »Madison Realty Capital completes 2021 record with $6.4
New York, Jan. 20, 2022 (GLOBE NEWSWIRE) — Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced the completion of one of the busiest years in 17-17 year history. Notable highlights for 2021 include: Closed a record total deal …
Read More »Cannabis businesses will face challenges trying to open in CT, experts say
Finding a location will likely be a challenge for those looking to start one of Connecticut’s first recreational cannabis businesses, experts say. Nationwide, federal law is making it harder for cannabis companies to get loans to buy property, and many landlords who have outstanding debts with major lending institutions are …
Read More »Long-term commercial loan options for small businesses
Smart business owners know they can do more with a little extra working capital. And when they don’t have the extra money available, they take out small business loans. Sounds simple, doesn’t it? There are actually many types of business loans out there, so finding the one that’s right for …
Read More »Jones Lang LaSalle Incorporated: Secured refinancing of a multi-unit portfolio in northern New Jersey
MORRISTOWN, NJ, January 7, 2021 – JLL Capital Markets announced today that it has arranged financing for two mid-rise luxury buildings totaling 335 units in the community of Rahway, northern New Jersey. JLL worked for the borrower, Sterling Properties Group, LLC and AST Development, to place two separate 10-year fixed …
Read More »7 signs you can’t trust a door-to-door salesperson
Image source: Getty Images It pays to be wary when making a huge financial commitment. Key points A motivated home seller can find clever ways to cover defects You are responsible for finding out the truth. We are living in what seems like the Wild West of housing markets, with …
Read More »Philadelphia COVID test sites to be regulated after Lab Elite pop-ups, city says
When thousands of Philadelphians took COVID-19 tests in downtown tents last week, few realized their nasal swabs were collected by a New Jersey-based marketing agency and then shipped to a lab in Chicago trials, owned by a plumber and bar owner. But the alarm bells rang on Monday when health …
Read More »Federal: International fugitive admits role in $ 30 million mortgage fraud in NJ
A loan officer at a New Jersey mortgage company who had been an international fugitive for several years admitted to his role in a long-standing large-scale scam that cost lenders more than $ 30 million, said authorities. Isaac DePaula, 41, and a group of conspirators ended the scheme through a …
Read More »Home improvement loan: expectations vs. Reality
In light of the current global turmoil, we can all agree that a good home improvement loan is a good idea. People can now consider buying a home and financing it with a home loan. However, when it comes to applying for a mortgage, there are many misconceptions. For lack …
Read More »Zacks Investment Research Lowers Princeton Bank (NASDAQ: BPRN) to Hold
Princeton Bank (NASDAQ: BPRN) has been downgraded from Zacks investment research from a âbuyâ note to a âkeepâ note in a report published on Friday, Zacks.com reports. According to Zacks, âThe Bank of Princeton is a community bank that provides banking products and services. The company offers checking accounts, savings …
Read More »AFC Gamma and Viridescent Realty Trust provide Acreage Holdings with $ 100 million senior secured credit facility
AFC Gamma commits $ 60 million on $ 100 million credit facility AFC agent acts as administrative agent alongside VRT agent as co-agent WEST PALM BEACH, Fla., December 16, 2021 (GLOBE NEWSWIRE) – AFC Gamma, Inc. (NASDAQ: AFCG) (âAFC Gammaâ) today announced that it, together with Viridescent Realty Trust, Inc. …
Read More »Lakeland Bancorp, Inc. and 1ST Constitution Bancorp Announce Final Regulatory No Objection in Proposed Merger | 2021-12-13 | Press Releases
OAK RIDGE, NJ and CRANBURY, NJ, December 13, 2021 (GLOBE NEWSWIRE) – Lakeland Bancorp, Inc. (âLakeland & CloseCurlyDoubleQuote;) (NASDAQ: LBAI), the parent company of Lakeland Bank, and 1st Bancorp Constitution (“1st Incorporation â) (NASDAQ: FCCY), the parent company of 1st Constitution Bank, announced that on December 10, 2021, the Federal …
Read More »Loan Officer Admits To Participating In Large Scale Mortgage Fraud Scheme | USAO-NJ
NEWARK, NJ – A loan officer at a mortgage company today admitted his role in a long-standing, large-scale mortgage fraud scheme, acting U.S. lawyer Rachael A. Honig said. Isaac DePaula, 41, pleaded guilty before U.S. District Judge Esther Salas of the Newark Federal Court to Count 1 of an indictment …
Read More »Advisors Mortgage Group announces official opening of new branch in Linwood, New Jersey
OCEAN TOWNSHIP, NJ, December 10, 2021 (GLOBE NEWSWIRE) – via InvestorWire – Fresh off Inc. 5,000 2021 list of fastest growing private companies, Advisors Mortgage Group (âAdvisorsâ or the âCompanyâ), based in Ocean Township, New Jersey, announces the official opening of its new branch located in Linwood, New Jersey. This …
Read More »8 mortgage myths that waste time and money
It takes a lot of work to apply for a mortgage, from rounding up your financial records to ensuring that your credit rating is in perfect shape. Another important item on your to-do list is to look for misinformation and bad advice. There are many myths surrounding home loans. Believing …
Read More »3 Best Stocks To Buy In The Stellar Savings And Lending Industry – December 7, 2021
Zacks’ savings and lending industry is expected to be at full throttle, with robust economic growth and resuming levels of consumer spending. This should encourage loan growth, providing much needed support. Additionally, digitization efforts and a wave of consolidations to stay relevant will help businesses like Bancorp Investors, Inc. (VSI …
Read More »Landlords Beware: Revised Rent Control Law Still in Force
HB-116 will be a referendum on whether Illinois lawmakers choose to support working class tenants or the wealthy corporate real estate lobby, with small landlords caught in the middle. 6-Dec-21 ?? The battle between tenant advocacy groups and Chicago apartment owners is far from over, with a proposal for ?? …
Read More »FHA, VA, conventional mortgages increase loan limits for 2022
Credit limits increase in 2022 With the historic appreciation in house prices defining the past year, mortgage loan limits are increasing for 2022. Qualified borrowers will be able to take out larger loans backed by government-sponsored companies – Fannie Mae and Freddie Mac – the Federal Housing Administration and the …
Read More »Glen Rock Savings Bank becomes Ascendia Bank
The Bank’s new name and corporate identity have been created to better reflect a larger geographic footprint and an expanded portfolio of products and services December 2, 2021 Glen Rock Savings Bank has officially been renamed Ascendia Bank. The new name and branding are not linked to any new ownership …
Read More »Customers Bank enters Wilmington market
A community bank specializing in business services settles in the Carolinas and chooses Wilmington for its first location. Customers Bank, headquartered in Reading, Pa., Is a leading financial institution with nearly $ 20 billion in assets, according to a press release. The Wilmington team, which will serve the businesses and …
Read More »3 top cannabis stocks to buy for December
Plong-term conservative investors tend to do better in the stock market than those entering and exiting the market, because the S&P 500 has grown almost 270% over the past decade and is setting new records almost daily. Having a time horizon that spans years, if not decades, will serve marijuana …
Read More »M&T Bank Corporation – Consensus indicates potential rise of 7.5%
M&T banking company found using ticker (MTB) now have 17 total analysts covering the stock. The consensus rating is âBuyâ. The range between the high target price and the low target price is between 201 and 158.65, with the average target price being 173.92. Given that the previous close of …
Read More »RBC Capital Sticks to its Buy Rating for Provident Financial Services by Investing.com
RBC Capital analyst Steven Duong maintained a buy rating on Provident Financial Services (NYSE 🙂 on Tuesday, setting a price target of $ 27, or about 8.13% above the current price of the ‘share of $ 24.97. Duong expects Provident Financial Services to post earnings per share (EPS) of $ …
Read More »Valley National Bancorp – Consensus Says Potential 6.7% Hike
National Bank of the Valley with ticker code (VLY) now have 9 analysts covering the stock. Analyst consensus indicates a “Buy” rating. The target price varies between 17 and 14 by calculating the average target price that we see 15.39. Given that the shares’ previous close was at 14.43, this …
Read More »Liberty Union Mortgage Team Helps Homebuyers Bid Over Other Deals As Post-Pandemic Real Estate Market Continues To Soar
Jason Solowsky, Branch Manager Jason Solowsky, Branch Manager for the Liberty Union Team Jason Solowsky, Branch Manager for the Liberty Union Team NORTH ARLINGTON, NJ, Nov. 20, 2021 (GLOBE NEWSWIRE) – The United States is temporarily emerging from the worst of the coronavirus pandemic, and the real estate market has …
Read More »New Jersey Passes Legislation Requiring Removal of Discriminatory Restrictive Covenants in Association Deeds and Documents
On November 8, 2021, New Jersey Governor Phil Murphy signed a law, A-5390 / SB-2861, which requires the removal of discriminatory terms restricting the ownership or use of real estate as prohibited by law against discrimination of all acts registered on or after January 1, 2022, and further requires that …
Read More »Jones Lang LaSalle Incorporated: $ 113.5 million financing organized for the Newark office portfolio
MAJ Capital is a nationally recognized development company focused on creating fair and equitable neighborhoods. As a Certified B Corporation®, SHIFT delivers community solutions and programs that maintain and diversify a neighborhood’s character while maximizing long-term affordability and minimizing travel. SHIFT owns and manages over one million square feet of …
Read More »Chilean proptech start-up Houm raises $ 35 million Series A to expand across Latin America
Less than six months after raise $ 8 million In seed funding, Chilean high-tech start-up Houm raised $ 35 million in a Series A round led by Silicon Valley-based venture capital firm Goodwater Capital. Fifth Wall also participated in the funding, with existing funders OneVC, Elad Gil, Liu Jang and …
Read More »Some guy had my bank account and my driver’s license number. Would he have my money? | New
A few Thursdays ago this guy – call him Al – walks into a bank – a branch of my bank, WSFS, but in Chester County, where I don’t live – and tells them to cash a big check. From a real estate company. With my name on it. Let’s …
Read More »What New Jersey Truck Driver Edward Durr’s Victory Reveals About Populism
âI am basing myself on this great republican principle,â said James Madison in 1788, âthat the people will have virtue and intelligence to select men of virtue and wisdom. Is there no virtue among us? If there isn’t, we are in a miserable situation. The idea that a virtuous people …
Read More »Lakeland (LBAI) gains 1.13% on high volume on October 29
Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange LBAI – Market data and news To exchange Shares of Lakeland Bancorp, Inc. …
Read More »Elmer Bancorp, Inc.Announces Third Quarter 2021 Financial Results
ELMER, New Jersey – (COMMERCIAL THREAD) – ELMER BANCORP, INC. (âElmer Bancorpâ or the âCompanyâ) (OTC Pink: ELMA), the parent company of The First National Bank of Elmer (the âBankâ), reports its operating results for the three and nine months ended 30 September 2021. For the quarter ended September 30, …
Read More »First Bank Announces Quarterly Cash Dividend Increase
HAMILTON, NJ, October 25, 2021 (GLOBE NEWSWIRE) – First Bank (Nasdaq Global Market: FRBA) today announced that on October 19, 2021, its board of directors declared a quarterly cash dividend of 0.06 $ per share to common shareholders of record at the close of business on November 5, 2021, payable …
Read More »Scott D. Stowell appointed to Toll Brothers Board of Directors
Enter Wall Street with StreetInsider Premium. Claim your 1-week free trial here. FORT WASHINGTON, Pa., October 18, 2021 (GLOBE NEWSWIRE) – Toll Brothers, Inc. (NYSE: TOL) (tollbrothers.com), the nation’s leading luxury home builder, today announced that Scott D. Stowell has was elected to its Board of Directors effective November 1, …
Read More »Lakeland Bancorp: Bank Appoints Waters – October 18, 2021
Oak Ridge, NJ – October 18, 2021 – Thomas J. Shara, President and CEO of Lakeland Bank, is pleased to announce the following appointment. Jeffrey Waters was hired as Assistant Treasurer, Jackson-based branch operations manager, NJ Waters, will be responsible for the success of the branch, both in meeting customer …
Read More »Bids for two large downtown apartment buildings could exceed $ 100 million
To use the jargon of commercial real estate investment brokers, a whale of a potential apartment deal, with a rumored asking price of $ 110 million, is working below the surface at two properties on West Ninth Street overlooking the Lake Erie, the Cuyahoga River and the downtown Cleveland skyline. …
Read More »Lakeland Bancorp announces Dat – GuruFocus.com
OAK RIDGE, NJ, October 15, 2021 (GLOBE NEWSWIRE) – Lakeland Bancorp, Inc. (NASDAQ: AMLA) (the âCompanyâ) has announced that it plans to release its results for the third quarter ended September 30, 2021, on Tuesday October 26, 2021 before the market opens. A copy of the publication of the results …
Read More »KBRA assigns preliminary ratings to Velocity Commercial Capital 2021-3
NEW YORK–(COMMERCIAL THREAD) – Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to 18 classes of mortgage-backed certificates Velocity Commercial Capital 2021-3 (VCC 2021-3). VCC 2021-3 is a securitization of $ 204.2 million secured by 455 low-balance commercial loans secured by 517 Residential Rental or Commercial Real Estate (CRE) properties. …
Read More »Mortgage default rates close to pre-pandemic levels in the United States
E-mail Sign up for our free weekly newsletter CoreLogic’s latest monthly Loan Performance Analysis Report shows that 4.2% of all mortgages in the United States in July 2021 were at some stage of delinquency (30 days or more past due, including those in foreclosure), which is a decrease from 2.3 …
Read More »Caldwell Fills Technology Positions for Concentra Bank
October 13, 2021 – Drew Railton and Adam Cotterall of Caldwell recently hired Dave Baldarelli as Chief Digital Officer and Wendy Murphy as Chief Technology and Operations Officer at Concentra Bank. Mr. Baldarelli is a motivational leader with a demonstrated ability to guide an organization through innovation and in-depth business …
Read More »Ready to go back to the office? Spit in this vial, please
The world is getting smaller for people who aren’t vaccinated, especially in New York City, where restaurants, theaters and sporting venues must require proof of coronavirus vaccination and mandatory vaccines have now been approved by the court for teachers in public schools. Over the next few days, according to Mayor …
Read More »Seaside Heights redevelopment accelerates with Boulevard projects
Transformation of Seaside Heights into a family resort Seaside Heights is set to become a family-friendly resort, with several redevelopment projects underway Doug Hood, Asbury Park Press SEASIDE HEIGHTS – Are real estate investors finally discovering Seaside Heights? Asked about the current development, Mayor Anthony Vaz and Mike Loundy, a …
Read More »Manhattan Bridge Capital (LOAN) drops 0.44% to close at $ 6.75 on October 6
Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange LOAN – Market data and news To exchange Shares of Manhattan Bridge Capital …
Read More »Better enable homebuyers to make cash offers in 12 states
Demonstrating once again that it’s not just about mortgages, Better Holdco Inc. has rolled out a cash offer program to its real estate brokerage clients that has already expanded its business to 45 markets in 12 states in only two months. Better is following in the footsteps of companies like …
Read More »Meridian named best performing bank
MALVERN, Pa., Oct. 05, 2021 (GLOBE NEWSWIRE) – For the second year in a row, Meridian Bank has earned a spot on Piper Sandler’s âSm-All Stars,â its list of top performing US small-cap banks. Piper Sandler, a leading mid-market investment bank and institutional securities firm, publishes this list every year …
Read More »Morris County Government: Morris County disaster recovery center closed on Wednesday
04 October 2021 The Morris County Disaster Recovery Center, which the Federal Emergency Management Agency (FEMA) opened in Morris Plains to help residents affected by the remnants of Hurricane Ida, will close at the end of business day this Wednesday, October 6. 2021. The temporary center, located in the Morris …
Read More »Black business pioneer honored in Germantown
Sign up for our daily email newsletter to stay up to date with the latest local news across Philadelphia. Over 100 years ago, a Victorian building in Germantown was the bustling seat of one of the country’s richest black entrepreneurs. John S. Trower, born before slavery ended, moved to Philadelphia …
Read More »Falling housing market in NJ is starting to look better for buyers
The hot residential real estate market is starting to cool slightly and is expected to continue this trend for the rest of the year. The frenzied buying New Jersey experienced in the second half of 2020 and the first half of 2021 was largely driven by low interest rates, low …
Read More »Manhattan Bridge Capital (LOAN) drops 0.86% on moderate volume on September 29
Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange LOAN – Market data and news To exchange Manhattan Bridge Capital Inc (NASDAQ: …
Read More »ConnectOne Bancorp (NASDAQ: CNOB) demoted by Zacks Investment Research to “Hold”
ConnectOne Bancorp (NASDAQ: CNOB) has been downgraded from Zacks investment research from a âbuyâ note to a âkeepâ note in a research note published on Tuesday, Zacks.com reports. According to Zacks, âConnectOne Bancorp, Inc. is a full-service, community-based commercial bank holding company. The Bank offers a range of loan, deposit …
Read More »Validea Motley Fool Strategy Daily Upgrade Report – 09/28/2021
THere are today’s upgrades for Validea’s small-cap growth investor model based on Motley Fool’s published strategy. This strategy seeks small cap growth stocks with strong fundamentals and strong price performance. INDEPENDENT BANK CORP (MICHIGAN) (IBCP) is a small cap security in the Regional Banks sector. The rating according to our …
Read More »Spears’ home foreclosure linked to man accused of leading mega mortgage scam
Property bought by a Jersey City mayoral candidate is linked to a local man indicted in a multi-million dollar mortgage fraud scheme, but Lewis Spears says he never met the seller and was not aware of the criminal charges against Anthony Garvin in 2019. The US Department of Justice alleges …
Read More »Parke (PKBK) drops 0.18% to high volume on September 27
Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange PKBK – Market data and news To exchange Parke Bancorp Inc (NASDAQ: PKBK), …
Read More »I am in the process of getting a divorce. When will I receive my husband’s pension?
Q. After 19 years of marriage, I divorce and my husband has a private pension through his job. I ask for everything I am entitled to. I met my lawyer, who told me that I would start collecting the pension after he died. He has been receiving pension benefits since …
Read More »States with the most mortgage debt – 24/7 Wall St.
Special report September 24, 2021 2:00 p.m. The COVID-19 pandemic has fueled an increase in demand among homebuyers who only now starts at show to signns of slowing down. This historic demand has coincided with low borrowing costs, a limited housing stock and labor and material bottlenecks that have hampered …
Read More »Kearny Financial Corp. announces the authorization of a new 10% share buyback plan
FAIRFIELD, NJ, September 22, 2021 (GLOBE NEWSWIRE) – Kearny Financial Corp. (NASDAQ GS: KRNY) (the âCompanyâ), the holding company of Kearny Bank, today announced that the board of directors has authorized a new share repurchase plan to acquire up to 7,602,021 shares, or approximately 10% of the outstanding common shares …
Read More »The pawn shop market deserves growth
Pawnshop market The latest market research published on the Pawnbrokers Market Outlook and Forecasts has assessed the potential for future growth of the Global Pawnbrokers Market outlook and forecast and provides useful information and statistics on the structure and development. market size. The report is intended to provide market intelligence …
Read More »Mortgages, Rental Assistance Grants of up to $ 2,000 available for Ida victims from NJ Realtors
New Jersey realtors announced Monday that they are providing a limited number of grants of up to $ 2,000 to residents affected by Hurricane Ida. New Jersey Realtors, a trade group representing more than 62,000 real estate agents in the state, said assistance is available for qualified applicants in any …
Read More »Melissa and Joe Gorga list 3 houses, downgrade to NJ $ 900,000 pad
It looks like Joe and Melissa Gorga are working to get their finances in order. The “Real Housewives of New Jersey” stars are selling three New Jersey homes they own after being demoted to a $ 950,000 Franklin Lakes pad, The Post reports. The concurrent listings come seven months after …
Read More »Last mile delivery site lands $ 381 million in Bronx
Turnbridge Equities Founder Andrew Joblon, KKR Co-Founder Henry Kravis and Distribution Center (Getty, Turnbridge) A huge last mile distribution center may have hit the last mile of its financial needs. A joint venture controlled by Turnbridge Equities and Dune Real Estate Partners has secured $ 381 million in new funding …
Read More »CoreLogic Reports US Foreclosure Rate in June Lowest in Over Two Decades
IRVINE, Calif .– (COMMERCIAL THREAD) – CoreLogic, a leading global provider of real estate information, analytics and data-driven solutions, today released its monthly loan performance report for June 2021. For the month of June, 4.4% of all mortgages in the United States were at some stage of delinquency (30 days …
Read More »Wall Street was once the home of the big banks. September 11 led to a radical reinvention
Wick Simmons, the former CEO of Nasdaq, started working on Wall Street in Lower Manhattan after graduating from business school in 1966. Today, he barely recognizes the neighborhood. âWall Street, as I knew it, is gone,â says Simmons. For centuries, Wall Street has been home to the world’s largest banks. …
Read More »Lakeland (LBAI) drops 1.07% to close at $ 16.61 on September 10
Last prize $ Last trade Switch $ Percentage of change % Open $ Previous Close $ High $ moo $ 52 weeks high $ 52 weeks low $ Market capitalization P / E ratio Volume To exchange LBAI – Market data and news To exchange Lakeland Bancorp, Inc. (NASDAQ: LBAI), …
Read More »This homeowner’s expense costs me more than my mortgage
When I bought a home about 12 years ago, I knew I wouldn’t have just one mortgage payment to pay each month. I would also have other expenses, such as: One thing I didn’t know, however, was how much my property taxes would increase over time. In fact, for many …
Read More »Study finds 6.1% of Tennessee residents fall behind on mortgage payments
After a year and a half of the COVID-19 pandemic, many policies put in place to protect landlords and tenants are coming to an end, and this fall could see a wave of foreclosures and evictions as a result. From the start of the pandemic, policymakers adopted measures to protect …
Read More »Validea Motley Fool Strategy Daily Upgrade Report – 8/9/2021
THere are today’s updates for Validea’s small-cap growth investor model based on Motley Fool’s published strategy. This strategy seeks small cap growth stocks with strong fundamentals and strong price performance. ESQUIRE FINANCIAL HOLDINGS INC (ESQ) is a small capitalization security in the Regional Banks sector. The rating according to our …
Read More »Hanmi Announces Closing of $ 110 Million Subordinated Debt Offer
LOS ANGELES, Aug 20, 2021 (GLOBE NEWSWIRE) – Hanmi Financial Corporation (NASDAQ: HAFC) (âHanmiâ), the holding company of Hanmi Bank, today announced the closing of its subscribed public offering for a total principal amount of $ 110 million of its 3.750% floating rate subordinated notes ( the âNotesâ) due 2031. …
Read More »What are property taxes? | NextAdvising with TIME
Editorial independence We want to help you make more informed decisions. Certain links on this page – clearly marked – may direct you to a partner website and earn us a referral commission. For more information, see How we make money. Looks like we pay taxes on everything. A portion …
Read More »David Freylikhman of Greenberg Traurig to be Honored as Mentor by New Jersey Law Journal | New
FLORHAM PARK, NJ, August 10, 2021 / PRNewswire-PRWeb / – David Freylikhman, real estate and corporate shareholder of the global law firm Greenberg Traurig, LLP’s New Jersey office, will be honored as a “mentor” by the New Jersey Law Journal (NJLJ). According to NJLJ, the âMentorâ award recognizes someone who …
Read More »KBRA assigns preliminary ratings to Velocity Commercial Capital 2021-2
NEW YORK–(COMMERCIAL THREAD) – Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to 18 classes of mortgage-backed certificates Velocity Commercial Capital 2021-2 (VCC 2021-2). VCC 2021-2 is a $ 205.2 million securitization secured by 541 low balance commercial loans secured by 615 residential rental properties or commercial real estate (CRE). …
Read More »Do you want to buy a house in Yakima? Better hurry up
Home sales remain strong in Yakima, just as they were last year. If you are in the market to buy a home, your choices are only limited by how much you want to spend. Cory Bemis, owner of John L. Scott Real Estate in Yakima, says the median price of …
Read More »RBB Bancorp to Release Second Quarter 2021 Financial Results
News and research before you hear about it on CNBC et al. Claim your 1-week free trial for StreetInsider Premium here. LOS ANGELES – (BUSINESS WIRE) – RBB Bancorp (NASDAQ: RBB) and its subsidiaries, Royal Business Bank (“the Bank”) and RBB Asset Management Company (“RAM”), collectively referred to herein as …
Read More »Revolve Capital Group Offers Ordinary Investors Access to Discounted Direct Bank Properties
Individual investors can now take advantage of the same investment opportunities as Wall Street companies without intermediaries. IRVINE, CALIFORNIA, USA, July 17, 2021 /EINPresswire.com/ – Revolve Capital Group, a private equity firm specializing in the acquisition, management and sale of distressed senior mortgages purchased directly from of leading banks, is …
Read More »Validea Motley Fool Strategy Daily Upgrade Report – 07/17/2021
THere are today’s updates for Validea’s small-cap growth investor model based on Motley Fool’s published strategy. This strategy seeks small cap growth stocks with strong fundamentals and strong price performance. PERION NETWORK LTD (PERI) is a small cap growth stock in the IT services industry. The rating according to our …
Read More »Weichert Realtors Launches End-to-End Consumer Incentive Program
New Jersey-based Weichert Realtors on Wednesday announced a new program that will offer consumers a series of incentives when they use all of the company’s services during their home buying journey. Weichert calls the new program “We Do It All, Guaranteed!” The program is part of an existing offering called …
Read More »This huge American city has the most overdue mortgages – 24/7 Wall St.
The real estate market is on fire. Demand has exploded. People quickly moved from the expensive cities on the east and west coasts to those in the interior with a perceived better quality of life. The COVID-19 pandemic has helped speed up the process. Millions of Americans can work from …
Read More »China has just reduced its reserve requirements for banks, why an economist is worried.
Text size Why does China need a lower reserve requirement ratio? Qilai Shen / Bloomberg This commentary was posted recently by fund managers, research firms and market newsletter writers and was edited by Barron’s. Problems in Chinese banks? ING SnapsINGwww.think.ing.com July 9th : Chinese government unexpectedly announced broad-based RRR [reserve …
Read More »Does a VA loan make sense in San Diego?
San Diego may have one of the largest concentrations of military personnel in the country, but they don’t settle there as much as in some areas. The top spots for VA loan purchase loans in the first half of 2021 were Washington, DC, Virginia Beach and San Antonio, said a …
Read More »New Jersey First-Time Home Buyer
What to Know About Buying a Home in New Jersey Buying your first home can be a challenge. But there is a lot of help available. The Garden State offers a wealth of tips, advice, and educational courses for first-time buyers. And you might even be in line for some …
Read More »Guild Mortgage 2021 Review: Quick Closing & Money Saving Tools
Editorial independence We want to help you make better informed decisions. Certain links on this page – clearly marked – may direct you to a partner website and earn us a referral commission. For more information, see How we make money. Founded in 1960, Guild Mortgage is today one of …
Read More »Essex-Hudson Greenway defenders say time is running out
View east towards Glen Ridge from Pine Street of the Essex-Hudson Greenway Project ‘along the old abandoned Boonton Line right-of-way.ADAM ANIK / STAFF BY JAIMIE JULIA [email protected] Supporters of a nine-mile Essex-Hudson greenway from Montclair to Jersey City are trying to secure a state commitment on funding by the end …
Read More »Sussex NJ man admits he illegally obtained COVID relief loan
A man from Newton has admitted illegally obtaining a $ 5.6 million COVID relief loan for struggling businesses during the pandemic. Azhar Sarwar Rana, 30, pleaded guilty on Thursday to bank fraud and money laundering in federal court, according to a statement from the US prosecutor’s office. He was arrested …
Read More »Prepaying Your VA Mortgage: Is It Worth It?
People with most types of mortgages, including borrowers on home loans guaranteed by the Department of Veterans Affairs, can save tens of thousands of dollars by speeding up their mortgage payments. This means that a borrower pays more than what is due for their monthly payment, or adds an additional …
Read More »NJ man admits fraudulently obtaining $ 5.6 million COVID business loan
A New Jersey man will spend years in federal prison after admitting to setting up a bogus business to secure a $ 5.6 million government loan at the start of the coronavirus pandemic last year. Azhar Sarwar Rana, 30, of Newton, pleaded guilty on Thursday to bank fraud and money …
Read More »Developer revamping old AT&T campus lands first long-term office tenant
The deal is a historic rental moment for Somerset Development, the Holmdel, New Jersey-based real estate company that purchased the abandoned campus in 2019 with a plan to spend $ 200 million to turn it into a use destination. mixed where people would work, shop, dine and ultimately live. Finding …
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