Scaffold raises $14.85 million, targets fragmented homebuilder data
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RBC Capital Markets Settles FINRA AML Charges for $275K
RBC Capital Markets will pay $275,000 to settle FINRA charges that anti-money laundering procedures in its wealth management division could have missed suspicious transactions. According to the FINRA letter of acceptance, waiver and consent signed last week, the issues arose during a cycle exam by the brokerage self-regulatory organization. The lapses in question allegedly took…
SAMPAN launches Nepal flood appeal
The South Asian Mortgage Professionals & Allies Network (SAMPAN) has launched an appeal to raise funds for those affected by devastating floods in Nepal. The network is aiming to raise £20,000 in support of the Nepal Appeal, delivered in partnership with disaster relief charity Sewa International UK. The volunteer-led charity has volunteers on the…
Marston’s Expects to Hit Profit Margin Targets Ahead of Schedule
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Highest Rates in Over a Year, But There’s a Silver Lining
Mortgage moved higher today, and while the jump was no larger than the one seen on Monday, both were ‘above average’ and both took rates in the wrong direction. In addition, the steady weakness throughout the month of July finally resulted in yesterday’s rates match the highest level in nearly a year. In other words,…
SpaceX Says It’s Coming for AT&T, Verizon, and T-Mobile Customers
SpaceX wants to turn Starlink Mobile into a full-fledged mobile carrier, and it expects to hit the Big Three wireless giants in the process. During SpaceX’s first earnings call since its June IPO, President Gwynne Shotwell said the company plans to launch its next-generation Starlink Mobile satellites in 2027 and start providing an upgraded service…
Mamdani Housing Court Fast Track Aims to Expedite Urgent Hearings
The Mamdani administration announced a new housing court fast track aimed at making it easier to pursue enforcement against landlords for overdue repairs and for tenants to get urgent cases before judges more quickly. The administrative judge’s directive aims to cut wait times for urgent cases involving widespread hazardous conditions, vacate orders and Article 7A…
