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Real Estate

Attorney gets 30 months for conspiring to steal distressed borrowers’ homes

An attorney will spend the next 30 months in federal prison after being convicted for his role in a scheme that effectively stole the homes of distressed homeowners under the guise of helping the borrowers avoid foreclosure, before turning around and renting the homes out through Craigslist. According to the U.S. Attorney’s Office for the District of Connecticut, Bradford Barneys, ...

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What Hollywood Can Teach You About Day Trading

In this segment from our “Never Will I Ever” theme week, the Industry Focus: Consumer Goods team discusses wisdom from famed speculator Victor Niederhoffer on why most traders without an “edge” face ruin in the markets. A scene from a Hollywood classic, The Sting , nicely illustrates why your results can be held hostage by the size of your stake. A ...

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Attorney gets 30 months for conspiring to steal distressed borrowers’ homes

An attorney will spend the next 30 months in federal prison after being convicted for his role in a scheme that effectively stole the homes of distressed homeowners under the guise of helping the borrowers avoid foreclosure, before turning around and renting the homes out through Craigslist. According to the U.S. Attorney’s Office for the District of Connecticut, Bradford Barneys, ...

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New study reveals top 10 best cities for first-time homebuyers

July is one of the top months for home sales, according to WalletHub, and more than one third of homebuyers were first-time buyers. WalletHub’s study looked at 300 cities of varying sizes and rated them according to 23 key metrics. The metrics fell under three main categories: Affordability, real-estate market and quality of life. Each metric was weighted evenly across ...

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Fannie Mae: Economic expansion to slow in second half of 2017

Economic growth is set to remain at 2% for the year as the high growth in the first half of the year is expected to slow. Economic data shows growth rebounded to 2.7% annually, up from 1.4% in the first quarter, according to Fannie Mae’s economic and strategic research group’s July 2017 Economic and Housing Outlook. Fannie Mae explained the ...

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Is New Cable Provider Altice USA a Buy? Only 3 Analysts Think So

Every day, Wall Street analysts upgrade some stocks, downgrade others, and “initiate coverage” on a few more. But do these analysts even know what they’re talking about? Today, we’re taking one high-profile Wall Street pick and putting it under the microscope… On Thursday, June 22, Altice USA (NYSE: ATUS) held its IPO , with its first trade listed at $ ...

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