Smart Capital Center, a San Francisco-based platform for commercial real estate underwriting, loan origination and asset management, announced the launch of Fraud Alerts, a new artificial intelligence capability designed to detect inconsistencies, anomalies, and...
A convicted Florida felon pleaded guilty to running a real estate investment fraud scheme that raised more than $50 million. Jean Joseph, also known as “Jon,” of Boca Raton, pleaded guilty to conspiracy to commit money laundering. His co-defendant, Janalie Camille...
Mortgage application activity slowed during the week ending March 27 amid a steep decline in refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, fell by 10.4% on...
The Georgia Senate has passed a bill that will reduce homeowner property taxes by creating a new sales tax. WABE reports the Senate’s measure was amended on House Bill 1116, which proposed a cap on property tax valuation increases. The Senate’s proposal creates...
NFL Commissioner Roger Goodell has warned the Chicago Bears to make up their mind on where they intend to build a new stadium. The Chicago Sun-Times reports Goodell expressed impatience with the team during his NFL annual news conference. “They need to find a solution...