How Lenders Can Use ROVs to Improve Appraisal Quality
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Key insight: At Amalgamated Bank, allegations that the CEO misused company funds have been met by counter-allegations of similar misconduct by the former employee who pointed the finger. What’s at stake: The case has not only financial implications, but also public-relations consequences, for a bank that’s a fixture in the labor movement and Democratic Party…
XPeng’s humanoid robot IRON is on display during the 2026 Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show on May 31, 2026 in Shenzhen, Guangdong province of China. Vcg | Visual China Group | Getty Images Chinese companies rushed into electric cars a decade ago, and now they are expanding into humanoid robots as the…
Real estate securities backing data centers are showing signs that investors are concerned over the massive amounts of financing that have built up in the AI race. Because of their structure, data center asset-backed securities (ABS) and commercial mortgage-backed securities (CMBS) should, in theory, trade at prices similar to other securitized assets such as ABS…
Rosie O’Donnell has teased that President Donald Trump made her “refamous” after she ditched the United States and moved to Ireland when he regained his seat in the Oval Office. The comedian, 64, revealed in January 2025 that she had quit the U.S. in hopes of a better, and more peaceful, life in Ireland. She stated that…
New Yorkers and Californians have long been connected by a coastal rivalry, but they do have at least one thing in common: a housing crisis exacerbated by bureaucracy. Both states passed bedrock environmental review statutes in the 1970s that have been the source of aggravation for developers ever since. But as housing production has stalled,…