Granite Point’s IPO priced lower than expected 4 Wall Street analysts have issued 1-year price targets for Granite Point Mortgage Trust’s shares. Their predictions range from $19.50 to $20.00. On average, they anticipate Granite Point Mortgage Trust’s stock price to reach $19.75 in the next twelve months. This suggests a possible upside of 4.3% from the stock’s current price.
· On Monday, August 21, 2017, a Chicago real estate developer was sentenced to three years in prison for his involvement in a fraud scheme. The scheme was linked to a $105 million line of credit secured by city and suburban properties.
Americans kept borrowing in first quarter as new mortgages eased The Federal Reserve’s balance sheet is significantly larger today than it was before the financial crisis of 2008-2009. Rising demand for currency due to greater economic activity is.
Condominium developer Warren Barr III could be sentenced to prison after pleading guilty to a federal fraud charge in connection with a South Loop project. Barr changed his plea on June 17 to.
Ex-Illinois judge gets year in prison for mortgage fraud – · CHICAGO (AP) – A former Illinois judge convicted of mortgage fraud has been sentenced to one year and one day in prison. Former Cook County Circuit Judge Jessica O’Brien sobbed loudly in court Thursday before U.S. District Judge Thomas Durkin handed down the sentence. O’Brien was convicted of fraudulently obtaining mortgages for Chicago investment properties and.
CHICAGO-Following an announcement today by Attorney general eric holder in Washington, D.C., Patrick J. Fitzgerald, united states attorney for the Northern District of Illinois, announced the local results of the nationwide initiative, Operation Stolen Dreams, which targeted alleged perpetrators of mortgage fraud in the Chicago area and throughout the country and is the largest collective.
A Riverside res ident could face time in federal prison after pleading guilty to making a false statement to a financial institution in connection with a bank fraud case involving a South Loop condominium development called Vision on State, 1255 S. State St. in Chicago.. On June 17, Warren Barr III, 64, accepted a deal with federal prosecutors and pleaded guilty to one count of a 13-count.
CHICAGO – A former Chicago lawyer was sentenced to 15 years in federal prison for engaging in mortgage and bankruptcy fraud schemes involving a so-called "mortgage bailout"program that purported to "rescue" financially-distressed homeowners but instead tricked victims into relinquishing title to their homes and declaring bankruptcy.
Digital mortgage firm Qualia gets new round of funding Mortgage rates jump to a six-week high Home prices in 20 U.S. cities increase by most since 2014 These 10 metro areas (as defined by the U.S. Census) have experienced the largest increases, ranging from 11.4% to 20.5%, in existing single-family home prices among cities with population of more.Mortgage rates track alongside the benchmark 10-year U.S. Treasury note yield TMUBMUSD10Y, -1.06% , which roared to a four-month high as trade war fears eased and Federal reserve officials doubled.digital mortgage firm qualia gets new round of funding Winners may not get to. leads to a new account, a satisfied customer or simply a job well done, you might just earn V12’s monthly Rock Star Award. Founded in 2002, V12 is a marketing technology.
GRAND RAPIDS, MI – Former real-estate developer Charles Patrick Gahan was sentenced Wednesday, Nov. 4, to five years and 10 months in federal prison in an $8 million "mortgage-stacking" scheme.
Tax reform had an effect on nearly half of homebuyers: Redfin As previously guided, we had an expected dip in community count in the first quarter, which will continue in the second quarter. This should reverse in the back half. that tax reform would pass and.Worries over trade could affect mortgage application activity: MBA Two insurance industry trade. for the mortgage industry as well. In another blog entry regarding the mt. holly gardens suit, the law firm says, "The viability of disparate impact claims under the.
A federal judge sentenced a Chicago real estate developer to three years in prison in connection with a fraud scheme related to a $105 million line of credit secured by city and suburban properties, including the Streets of Woodfield Mall in Schaumburg.