Banking – Rodda And Sons http://www.roddaandsons.com/ Sun, 09 Jan 2022 21:21:13 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://www.roddaandsons.com/wp-content/uploads/2021/03/cropped-icon-32x32.png Banking – Rodda And Sons http://www.roddaandsons.com/ 32 32 Soules rejects New Mexico House changes to small loan bill https://www.roddaandsons.com/soules-rejects-new-mexico-house-changes-to-small-loan-bill/ Tue, 23 Mar 2021 05:30:56 +0000 https://www.roddaandsons.com/soules-rejects-new-mexico-house-changes-to-small-loan-bill/ LAS CRUCES – New Mexico Senator Bill Soules, D-Las Cruces, refused to accept changes to his bill to limit interest rates for small loans, sending the bill to a conference committee to try to find a resolution. The Senate, at Soules’ request, refused to approve the changes to Senate Bill 66 on Thursday, March 18. […]]]>

LAS CRUCES – New Mexico Senator Bill Soules, D-Las Cruces, refused to accept changes to his bill to limit interest rates for small loans, sending the bill to a conference committee to try to find a resolution.

The Senate, at Soules’ request, refused to approve the changes to Senate Bill 66 on Thursday, March 18. A conference committee made up of three members of the House and three members of the Senate will meet to try to find a solution.

“Once he got out of House Judiciary, it wasn’t my bill anymore,” Soules said.

The bill as originally drafted would have lowered the annual percentage rate (APR) for small loans from 175% to 36%, which the U.S. military set as the maximum rate on loans to individuals. active duty members.

The bill was amended by the House Judiciary Committee, raising the APR from 36% to 99% over concerns that small lenders would leave the state and low-income residents would be left with no options when they need money in an emergency.

“For me, it’s not about avoiding debt. For some people it is about survival, ”said representative Micaela Lara Cadena, D-Mesilla, vice-chair of the committee. “That doesn’t mean families should sink to shockingly high interest rates, but I’m concerned that we are creating a policy that eliminates some financial decisions for New Mexicans but does not create a different mechanism for people to do.” access small amounts of money when they really need it.

Cadena joined representatives Doreen Gallegos, D-Las Cruces; Patricia Lundstrom, D-Gallup; Dayan Hochman-Vigil, D-Albuquerque; and Susan Herrera, D-Embudo, on a Wednesday night floor amendment that keeps the rate at 99 percent for loans up to $ 1,000, with two years to pay off. The 36% rate has been used for loans over $ 1,000. This was then changed to $ 1,100.

“Tonight’s compromise should serve as an example for the legislature and point out how to work together to create real and sensible solutions that work for the people of our state,” Gallegos said in a prepared statement.

However, this was no compromise in the eyes of the sponsor. Soules said the vast majority of small loans are $ 1,000 or less, and the 99% APR was not acceptable.

The Senate voted 22-15 to disagree and send the bill back to the House. Members could withdraw their amendments, but the most likely outcome will be a conference committee.

Members of the Senate Conference Committee will be Soules; Katy Duhigg, D-Albuquerque; and Greg Schmedes, R-Tijeras.

“Anything can happen in a conference committee,” Soules said. “It’s a small group of people, and you can sit down and negotiate. I really don’t know what’s going to happen.

Lt. Gov. Howie Morales, who chairs sittings in the Senate, said the conference committee will be public, and those interested can watch Zoom. It should take place soon, because the session ends on Saturday March 20 at noon.

Soules said he was disappointed with the changes but will continue to fight for the 36% rate.

“I feel a bit like the dark knight of the Monty Python,” Soules said. “My arms and legs are cut off, but I’m not dead yet.”


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Man jailed for using false documents in mortgage application https://www.roddaandsons.com/man-jailed-for-using-false-documents-in-mortgage-application/ Tue, 23 Mar 2021 05:30:55 +0000 https://www.roddaandsons.com/man-jailed-for-using-false-documents-in-mortgage-application/ A father of three Meath who submitted false documents in a mortgage application for a family home has been jailed for a year. Dean Masterson (34) submitted the false documents in an attempt to obtain a loan of € 220,000. The Dublin Circuit Criminal Court has learned that bank staff have become suspicious of the […]]]>

A father of three Meath who submitted false documents in a mortgage application for a family home has been jailed for a year.

Dean Masterson (34) submitted the false documents in an attempt to obtain a loan of € 220,000.

The Dublin Circuit Criminal Court has learned that bank staff have become suspicious of the documents and no money has ever been released.

Masterson of Stonebridge, Ratoath, Co Meath pleaded guilty to deception and five counts of using a false instrument at KBC Bank, Sandwith Street, Dublin city center on October 20, 2016.

When applying for the loan, he presented a false salary certificate, a false payslip, a false P60 and two false bank statements.

Premeditation

Sentencing today, Judge Pauline Codd said Masterson used five false documents during the claim.

Justice Codd said the “premeditation and deliberation” during which the documents were obtained significantly aggravated the offense.

She said Masterson had serious prior convictions between 2004 and 2012, which included robbery, attempted theft and theft. She noted that he had not had any other convictions since he had committed these offenses in 2016.

Deterrent

Justice Codd said Masterson’s failure to get any money was due to the work of the bank’s employees. She said it was a “fairly sophisticated offense” for which there must be a deterrent.

She said the mitigating factors were the accused’s guilty plea, expression of remorse and shame, history of drug abuse, adverse childhood experiences, work history, and efforts to rehabilitate and lead a life. prosocial.

Justice Codd said she took into account his motivation for the offenses of seeking property for himself and his family of three children.

She acknowledged that this was her goal, but said “clearly this is not the right way to go about providing a home”.

She sentenced him to four years in prison, but suspended the last three years of his sentence under strict conditions.


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The 2nd (PPP) “Paycheck Protection Program” has arrived. Do not miss! https://www.roddaandsons.com/the-2nd-ppp-paycheck-protection-program-has-arrived-do-not-miss/ Tue, 23 Mar 2021 05:30:54 +0000 https://www.roddaandsons.com/the-2nd-ppp-paycheck-protection-program-has-arrived-do-not-miss/ You can apply for a new (subsidized) PPP loan, if you received one before. This could be your first or second PPP loan. “The earlier a PPP loan application is submitted, the better its chances of being funded,” said Ira Zlotowitz of the Eastern Union. Full story Nationwide business owners can now enroll for loans […]]]>

You can apply for a new (subsidized) PPP loan, if you received one before. This could be your first or second PPP loan. “The earlier a PPP loan application is submitted, the better its chances of being funded,” said Ira Zlotowitz of the Eastern Union. Full story

Nationwide business owners can now enroll for loans under the Small Business Administration’s Second Cycle Paycheck Protection Program (PPP) through Eastern Union, one of the largest nationwide commercial real estate finance companies.

You can apply for a new (subsidized) PPP loan, if you received one before. This could be your first or second PPP loan.

During the first round of PPP in the spring, Eastern Union – at no cost to applicants – negotiated more than 10,000 loan applications for employers across the country. The company will re-negotiate the applications at no cost to the loan applicants.

“The sooner a The PPP loan application is submitted, the better its chances of being funded, ”said Ira Zlotowitz, founder and president of Eastern Union. “Building on our tremendous success in P3 loan brokerage, we urge business owners to act quickly to get their loan applications integrated into the system.

“By tapping into our multi-billion dollar bank resources network,” he said, “Eastern Union has the proven expertise to cut government red tape and quickly execute loan approvals. “

Individual businesses can register now through Eastern Union by visiting Click here.

Submit your email now to enter the queue for help.

“Eastern Union is proud to have been among the first brokerage firms nationwide to launch this program for free,” said Zlotowitz. “We are calling on employers to act now to queue for PPP assistance. We also urge employers to notify other businesses of the immediate availability of our registration platform. “

The Paycheck Protection Program offers loans designed to directly incent small businesses to keep their employees on the payroll while covering operating expenses. The SBA will cancel loans if employee retention criteria are met and funds are used for qualifying expenses.

Click here TP submit your email now.

About the Eastern Union

Founded in 2001, Eastern Union is a leading national commercial mortgage brokerage firm employing over 125 real estate brokers and professionals and closing $ 5 billion in real estate transactions every year.

With one of the highest transaction volumes in the industry, the Eastern Union team leverages its relationships with banks and market knowledge to offer clients the best available rates.

The company arranges financing for complex, multi-state and multi-site portfolios, as well as loans for smaller, unique real estate transactions. The Eastern Union multifamily group reset market prices by introducing an unprecedented quarter point fee – with no return fees – for refinancing multifamily properties backed by Fannie Mae or Freddie Mac, deals known as the name of “agency refinancing”.

Eastern Union’s revolutionary app serves as a smart toolkit for commercial real estate. Its eCALC feature allows investors to fully assess and underwrite transactions instantly and in the palm of their hand. It is available for download from the App Store and the Google Play Store.

With nationwide operations, Eastern Union is headquartered in New York, with several branches along the east coast.

Eastern Union’s IPOs are managed through its affiliate, Eastern Equity Advisors.


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The Venio nano-credit application is launched in Mexico https://www.roddaandsons.com/the-venio-nano-credit-application-is-launched-in-mexico/ Tue, 23 Mar 2021 05:30:54 +0000 https://www.roddaandsons.com/the-venio-nano-credit-application-is-launched-in-mexico/ Venio, the mobile application offering “nano-credit” facilities to unbanked consumers in emerging markets accessible via a smartphone, has announced its launch in Mexico. Venio Aplicaciones de Mexico, the Mexican business arm of the Company, was created to support Venio’s expansion into the emerging high growth market. The international deployment of Venio was accelerated thanks to […]]]>

Venio, the mobile application offering “nano-credit” facilities to unbanked consumers in emerging markets accessible via a smartphone, has announced its launch in Mexico. Venio Aplicaciones de Mexico, the Mexican business arm of the Company, was created to support Venio’s expansion into the emerging high growth market.

The international deployment of Venio was accelerated thanks to an oversubscribed and successful start in The Philippines. The Venio app has now been translated into Spanish and will be available to consumers across Mexico with a strong footprint in Mexico City, Guadalajara and Monterrey.

The company’s goal is to raise a generation of unbanked people in the financial system, help them achieve financial discipline and a credit footprint in order to achieve fair and equal access to useful financial services that would not otherwise be available to them. The need for these services has become more acute as Covid-19 has caused unprecedented impacts, increasing the difficulties and difficulties in accessing basic necessities.

The Mexican market is well positioned to benefit from Venio’s “nano credit” lending facilities due to underlying demographic trends and high mobile penetration as well as unmet demand for fintech payments among the population, where rates financial exclusion remain high. According to the latest report from the World Bank Group, up to 1.7 billion adults are unbanked globally, a figure approaching a quarter of the world’s population, the majority of these cases are in emerging markets. In Mexico, a large proportion of the population is unbanked with 63% of its 126 million inhabitants without access to a bank account.

Warren platt, Founder and CEO of Venio commented: “Mexico is a dynamic market where we have established key contacts and excellent partnerships and we are now looking forward to capitalizing on this to further strengthen Venio’s growth and achieve our goals for the market. Mexican. The arrival of Venio in Mexico will have an immediate impact on the underbanked of the country where there is an increasing demand from customers for new products that meet their needs. Venio wants to change the way people access financial services by making access to responsible loans easier and fairer, this will give an entire segment of the population the opportunity to build a credit profile and take the first step on the path to financial inclusion. Access to financial products and services opens up economic opportunities for individuals and entire communities.

Venio offers responsible lending to clients without the need for upfront collateral, revolutionizing the existing credit culture in Mexico and improving people’s ability to easily access financial support. At launch, loans valued at US $ 1.20 to US $ 7.00 (MXP 25.00 – MXP 150.00) will be available to Venio customers. In Mexico, 25.00 pesos can cover the cost of a meal, basic medicine, or transportation to and from work.

The scalable app is easily transferable to the Mexican market as the country’s retail landscape is highly developed and therefore similar to what can be found in the Philippines, where Venio has a proven track record after launching earlier this year. year. Venio will leverage Mexico’s extensive network of local Changarro stores akin to the Philippines’ mom-and-pop Sari-Sari convenience stores, again placing accessible local retail at the heart of the exchange network model by Venio.

Venio’s local team, which is already operational, is very experienced, made up of senior leaders from its core management team and local expertise. Due to Venio’s strong focus on emerging markets, the company’s strategy is to deepen its relationships across Latin America. The company is poised to establish itself as one of the leading providers of nanocredit in several emerging markets fighting endemic financial exclusion.

In the post-Covid era, financial inclusion must be ensured for the economic development of communities affected by the pandemic. In its wake, there has been an increased demand for both credit facilities and digital financial solutions that provide access to remote services and contactless transactions. Credit can help users meet emergency cash shortage needs, food, transportation, communication, and household spending needs.

  • Polly is a journalist, content creator and spokesperson for North Wales. She has written for a number of publications, typically focusing on the topics of fintech, tech, lifestyle, and body positivity.


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Chelsea have spoken of huge mistake with Tomori already eclipsing Juve’s ace at € 85m https://www.roddaandsons.com/chelsea-have-spoken-of-huge-mistake-with-tomori-already-eclipsing-juves-ace-at-e-85m/ Tue, 23 Mar 2021 05:30:54 +0000 https://www.roddaandsons.com/chelsea-have-spoken-of-huge-mistake-with-tomori-already-eclipsing-juves-ace-at-e-85m/ Chelsea were said to have made a blunder by allowing Fikayo Tomori to leave at such a low price – with an Italian expert explaining why he is already overtaking a much more expensive counterpart in three areas. Tomori sealed a loan at the Serie A club in January after falling down the pecking order […]]]>

Chelsea were said to have made a blunder by allowing Fikayo Tomori to leave at such a low price – with an Italian expert explaining why he is already overtaking a much more expensive counterpart in three areas.

Tomori sealed a loan at the Serie A club in January after falling down the pecking order at Stamford Bridge. He was cleared to leave after former boss Frank Lampard decided he was not part of his immediate plans.

The defender is expected to return to London at the end of the season. However, the Serie A title hunters managed to secure an option for buy the center-half for £ 25million.

At the time, these fees seemed quite high. However, Tomori’s huge impact in Italy means Milan will likely accept him. Furthermore, they were even tricked into listing it and then reselling it for a huge profit.

Chelsea probably weren’t expecting Tomori to have the impact he had in Serie A. Although he has only played 12 games so far, he has won rave reviews and many observers. have been conquered.

Indeed, Paolo ziliani, an Italian expert, claims that Tomori has already eclipsed Juventus’ Matthijs de Ligt as the best young defender in Serie A. Moreover, he has hinted that allowing him to leave for San Siro could be a move Chelsea would regret.

De Ligt joined Juventus in a huge deal in July 2019 which could ultimately cost the old lady 85 million euros. The Dutchman has had a tough first season in Italy and the campaign has been just as tough this time around. A positive Covid 19 case in January certainly didn’t help matters.

Even so, Ziliani believes Tomori is better than De Ligt in three key areas.

One thing Milan can not fail to do is pay Chelsea the 28 million euros for Tomori. If it cost 35 million euros for Tonali, which is not worth it (at least for now) Bennacer and Kessi, Tomori at 28 million euros is a godsend.

“For anticipation, speed and agility, he’s better than De Ligt, who Juve cost €85.5 m. “


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Tomori enjoys Italian life

Tomori, born in Canada, certainly seems to enjoy his time in Italy and would seem open to a permanent move.

Indeed, he said playing abroad is something he’s always open to – although he says he has challenges to overcome.

“Personally, I’ve always liked the idea of ​​living in a different country, it wasn’t really a mental shock, I always thought it would be good,” he said. Air sports.

“I appreciate it, obviously I can’t see my family that much but luckily we have FaceTime so I can keep in touch. I try to make the most of the experience, to improve myself, to learn the language and to understand the language.

READ MORE: Micah Richards says Chelsea will be ‘scary’ if Abramovich’s main target signs



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Synthetic Biology Market by Application (Health, Industry, Food & Agriculture, and Others) and Geography (Asia, Europe, North America & ROW) https://www.roddaandsons.com/synthetic-biology-market-by-application-health-industry-food-agriculture-and-others-and-geography-asia-europe-north-america-row/ Tue, 23 Mar 2021 05:30:53 +0000 https://www.roddaandsons.com/synthetic-biology-market-by-application-health-industry-food-agriculture-and-others-and-geography-asia-europe-north-america-row/ The synthetic biology market is expected to grow by 11.52 billion USD during the period 2020-2024 according to Technavio. This press release features multimedia. See the full version here: https://www.businesswire.com/news/home/20210201005481/en/ Technavio announced its latest market research report titled Global Synthetic Biology Market 2020-2024 (Graph: Business Wire) Worried about the impact of COVID-19 on your business? […]]]>

The synthetic biology market is expected to grow by 11.52 billion USD during the period 2020-2024 according to Technavio.

This press release features multimedia. See the full version here: https://www.businesswire.com/news/home/20210201005481/en/

Technavio announced its latest market research report titled Global Synthetic Biology Market 2020-2024 (Graph: Business Wire)

Worried about the impact of COVID-19 on your business? Here’s an exclusive report on market scenarios, estimates, foreclosure impact, and customer behavior.

Get a FREE sample report in minutes!

The Synthetic Biology Market report provides holistic update, market size and forecast, trends, growth drivers, and challenges, along with vendor analysis.

The report offers up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by investment in synthetic biology processes and techniques.

The Synthetic Biology market analysis includes the applications segment and the geographic landscape. This study identifies the increasing demand for synthetic genes and synthetic cells as one of the major reasons for the growth of the synthetic biology market in the coming years.

This report presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources through analysis of key parameters.

The synthetic biology market covers the following areas:

Sizing of the synthetic biology market

Synthetic Biology Market Forecast

Synthetic Biology Market Analysis

Companies mentioned

Related reports on Health care Include:

Automated Microbiology Market by End User and Geography – Forecast and Analysis 2020-2024: The market size of Automated Microbiology has the potential to grow to USD 744.20 Million during the period 2020-2024, and the growth dynamics of the market will accelerate during the forecast period. For in-depth research information: Click and get a FREE sample report in minutes!

Genome Editing Market by End User and Geography – Forecast and Analysis 2020-2024: The size of the genome editing market has the potential to grow by USD 4.8 billion during the period 2020-2024, and the growth dynamics of the market will accelerate during the forecast period. For in-depth research information: Click and get a FREE sample report in minutes!

Main topics covered:

Summary

Market landscape

  • Market ecosystem

  • Value chain analysis

Market sizing

Five forces analysis

Market segmentation by application

  • Market segments

  • Comparison by application

  • Healthcare – Market Size and Forecast 2019-2024

  • Industrial – Market Size and Forecast 2019-2024

  • Food and Agriculture Market Size and Forecast 2019-2024

  • Others – Market Size and Forecast 2019-2024

  • Market Opportunity By Application

Customer landscape

Geographic landscape

  • Geographic segmentation

  • Geographic comparison

  • North America Market Size and Forecast 2019-2024

  • Europe – Market Size and Forecast 2019-2024

  • Asia Market Size and Forecast 2019-2024

  • ROW – Market Size and Forecast 2019-2024

  • Main leading countries

  • Market opportunity by geography

  • Market factors

  • Market challenges

  • Market trends

Supplier landscape

  • Supplier landscape

  • Landscape disturbance

Supplier analysis

  • Covered suppliers

  • Positioning of sellers in the market

  • Amyris Inc.

  • Algenol

  • DuPont de Nemours Inc.

  • Genomatica Inc.

  • Integrated DNA Technologies Inc.

  • Koninklijke DSM NV

  • New England Biolabs Inc.

  • Sanofi

  • Synthetic Genomics Inc.

  • Thermo Fisher Scientific Inc.

appendix

Technavio offers three forecast scenarios (optimistic, probable and pessimistic) given the impact of COVID-19. Technavio’s extensive research has had a direct and indirect impact on COVID-19 market research reports.

Sign up for a free trial today and get instant access to over 17,000 market research reports.

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About Us

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

View the source version on businesswire.com: https://www.businesswire.com/news/home/20210201005481/en/

Contacts

Technavio research
Jesse maida
Communication and Marketing Officer
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United Kingdom: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/


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Federal authorities must reveal names and dollar amounts of all recipients of PPP loans, judges’ orders https://www.roddaandsons.com/federal-authorities-must-reveal-names-and-dollar-amounts-of-all-recipients-of-ppp-loans-judges-orders/ Tue, 23 Mar 2021 05:30:52 +0000 https://www.roddaandsons.com/federal-authorities-must-reveal-names-and-dollar-amounts-of-all-recipients-of-ppp-loans-judges-orders/ James E. Boasberg during his confirmation of charges hearing in 2010. (Photo: Diego M. Radzinschi / ALM) A federal judge on Thursday ordered the Trump administration to disclose the exact loan amounts and the identity of all companies that received funds under the Paycheque Protection Program, rejecting the arguments of the US Department of Justice […]]]>
James E. Boasberg during his confirmation of charges hearing in 2010. (Photo: Diego M. Radzinschi / ALM)

A federal judge on Thursday ordered the Trump administration to disclose the exact loan amounts and the identity of all companies that received funds under the Paycheque Protection Program, rejecting the arguments of the US Department of Justice to keep this information hidden or unspecified.

In a 40 page review, U.S. District Judge James Boasberg broke the secrecy surrounding the loan program, largely overriding the Trump administration’s reasoning for withholding the names of companies who received loans of less than $ 150,000.

Boasberg, appointed in 2011 to federal trial court in Washington, found that exceptions under the Public Records Act for confidential and private information did not apply to what he called a “colossal expense of taxpayer funds “.

“Under these circumstances, the important public interest in disclosure easily overcomes the much narrower interest in the privacy of borrowers who have collectively received billions of taxpayer dollars in loans,” Boasberg wrote.

The judge noted that “the PPP loan application expressly notified potential borrowers – albeit in a disclaimer form – that their names and loan amounts would be ‘automatically released’ upon FOIA’s request.

Below pressure news agencies and others, the Small Business Administration earlier this year released the identities of recipients of loans over $ 150,000, but the agency did not specify the exact amounts they received, instead giving a fork. Dozens of major American law firms received millions of dollars in the relief of P3s, the data showed.

Boasberg’s decision on Thursday forced the agency to reveal the exact amounts these companies received under the paycheck protection program and a separate program created by the CARES Act, a stimulus package of more than $ 2 trillion passed in March.

Several news outlets, including the Washington Post, represented by lawyers for Ballard Spahr, asked for the identity of loan recipients and the exact amounts under the Freedom of Information Act between April and May. In U.S. District Court for the District of Columbia, the Justice Department defended the Trump administration’s refusal to disclose all of this information, saying disclosing the names and addresses of the “smallest small business” would carry too much weight. invasion of their privacy.

“Obviously, and most importantly, everyone would know that these people have (or at least recently had) money in the bank. Any landlord, for example, whose tenant received a PPP or EIDL loan would know that the tenant had the money to pay the rent or had paid another creditor instead of the landlord, ”Justice Department lawyers wrote.

The SBA had also received registration applications from landlords “inquiring whether their tenants were receiving P3 funds,” the attorneys said.

In his review of the case, Boasberg said he weighed the interest of public disclosure against the administration’s stated goal of protecting confidential business information and the privacy of loan recipients. The judge, noting that only one valid exemption was needed to withhold loan information, said the SBA must have believed the confidentiality argument would be its “happiness” if the requests for financial confidentiality failed.

“Because the scales are firmly in favor of disclosure, the court finds that the SBA’s invocation of Exemption 6 is no more effective than its assertion of Exemption 4,” he wrote. , referring to the privacy and confidentiality exemptions, ”Boasberg wrote.

READ MORE:


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How to Avoid Misuse of Void Checks https://www.roddaandsons.com/how-to-avoid-misuse-of-void-checks/ Tue, 23 Mar 2021 05:30:51 +0000 https://www.roddaandsons.com/how-to-avoid-misuse-of-void-checks/ A few months ago, a resident of Thane, Maharashtra, was robbed ??40,000 by criminals who identified themselves as bank agents. The victim had applied for a personal loan from the banks and received calls from a fraudster posing as a bank agent to obtain the victim’s canceled checks and later misuse them. the fraud appeared […]]]>

A few months ago, a resident of Thane, Maharashtra, was robbed ??40,000 by criminals who identified themselves as bank agents. The victim had applied for a personal loan from the banks and received calls from a fraudster posing as a bank agent to obtain the victim’s canceled checks and later misuse them. the fraud appeared when the victim received an alert message on his phone indicating that such a transaction had been made from his account. Read here.

This is not the first time that canceled check the leaves have become a tool of abuse.

When are they used

Void checks are typically used to prove that a certain account number is yours because it shows your bank account number and name, among other details, and that the bank account is legitimate.

You may be prompted to submit them for a variety of reasons, such as completing the KYC process, setting up ECS, requesting a loan, or initiating a SIP.

Your insurance company might also ask for a voided check sheet when you buy or renew a policy. If you withdraw your EPF, you will need to submit a void check along with the claim form to verify your account details. You may also need to provide a voided check to open a mat account.

What you can do

It is important to properly void a check so that it does not become an instrument of abuse. Draw two parallel lines on the check sheet and write the word “void” across the lines. Remember, you don’t need to sign a void check as it is only used to validate your account details and not to complete a transaction. the word “canceled” is a must. Try to use dark, waterproof ink.

Apart from that, crosscheck the identity of the person to whom you give the voided check. If you have the time, go to the bank or institution concerned to complete the verification formalities in order to reduce the risk of someone falsifying their identity and abusing canceled checks.

If you believe that an unauthorized transaction has been made from your account, immediately alert the bank to recall or trace the transaction.

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Quicken Loans Mortgage Services Partner Changes Name to LemonBrew Lending https://www.roddaandsons.com/quicken-loans-mortgage-services-partner-changes-name-to-lemonbrew-lending/ Tue, 23 Mar 2021 05:30:51 +0000 https://www.roddaandsons.com/quicken-loans-mortgage-services-partner-changes-name-to-lemonbrew-lending/ ISELIN, New Jersey, July 2, 2020 / PRNewswire / – SD Capital Funding, a New Jersey based mortgage company, began its transformation into a digital mortgage lender with a name change and a new image of LemonBrew Lending. For more than a decade, SD Capital Funding has experienced explosive organic growth to become one of […]]]>

ISELIN, New Jersey, July 2, 2020 / PRNewswire / – SD Capital Funding, a New Jersey based mortgage company, began its transformation into a digital mortgage lender with a name change and a new image of LemonBrew Lending.

For more than a decade, SD Capital Funding has experienced explosive organic growth to become one of the nation’s largest mortgage brokers. Earlier this year, SD Capital Funding won the Quicken Loans Mortgage Services (QLMS) Top Partner Award for 2019. With over 7,000 partners in its network, QLMS is honored to recognize SD Capital Funding as the # 1 partner.

“SD Capital Funding has built their business the right way, with an evolving process, a real culture and an intense focus on serving our clients. It is no surprise that their business continues to grow at a rapid rate, ”said Austin niemiec, executive vice president of QLMS. “We are honored to be working in the trenches with them every day. They are incredible human beings and are about to have a much bigger year in 2020. ”

“We are delighted to bring SD Capital Funding’s core belief of exceptional customer service as well as low rates and fees to LemonBrew Lending’s digital offering as we grow into a national brand,” said Jason doshi, president of LemonBrew Lending. “It’s important to keep in mind that the rebranding is much deeper than a cool name and a new logo, it’s a real alignment of our vision and our goal of using technology to empower people. home buyers and bring transparency to the friction process. “

The roadmap includes deep integrations with LemonBrew Technologies’ existing real estate and securities verticals, creating the most seamless home buying experience, saving the buyer time and money. money.

LemonBrew users can access the platform as early as the discovery phase when they are simply considering buying a home and use LemonBrew’s matchmaking platform to match with a local and expert real estate agent. Or, if they’ve already found their dream home and just need financing, LemonBrew can provide the mortgage that’s right for them!

No matter where the buyer is in their home buying journey, the LemonBrew platform will guide every customer through the process without having to complete multiple applications, contact multiple companies or vendors, and provide permanently redundant information.

“We are delighted that LemonBrew Lending is joining the LemonBrew ecosystem and bringing to life our full-service real estate platform that streamlines the real estate process from start to finish,” said Reno Heine, CEO of LemonBrew Technologies.

Based at New Jersey with multiple offices across the country, LemonBrew Lending is aggressively expanding its loan origination contact center by Charlotte, North Carolina.

Currently present in 19 states and the District of Colombia, LemonBrew Lending plans to expand to all 50 states by the end of the year. Stick to its roots in New Jersey, SD Capital Funding will remain the business name to serve clients locally in the New Jersey Marlet.

About LemonBrew Technologies

Built by experienced real estate and mortgage entrepreneurs and operators, LemonBrew is at the intersection of technology and purpose, filling the void in the real estate market by providing an end-to-end digital solution enabling buyers and sellers to connect with realtors, find the right mortgage, and close smoothly. Positioned to be an industry leader with innovative technology, LemonBrew has been named the 2020 HousingWire Tech100 Real Estate Winner.

For more information on LemonBrew, send an email [email protected], visit lemonbrew.com, and follow us on Facebook, LinkedIn, and Instagram.

SOURCE LemonBrew

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https://www.lemonbrew.com



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Pocketbook Inkpad 3 has a whole new user interface https://www.roddaandsons.com/pocketbook-inkpad-3-has-a-whole-new-user-interface/ Tue, 23 Mar 2021 05:30:51 +0000 https://www.roddaandsons.com/pocketbook-inkpad-3-has-a-whole-new-user-interface/ Pocketbook has released a huge update to the InkPad 3. It comes with an updated UI design for all apps. All applications have received a completely new user interface. Notifications, control panel and status bar have also been redesigned. Firmware 6.1 redesigns and simplifies the authorization system: now users can log into PocketBook Cloud, PocketBook […]]]>

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Pocketbook has released a huge update to the InkPad 3. It comes with an updated UI design for all apps. All applications have received a completely new user interface. Notifications, control panel and status bar have also been redesigned. Firmware 6.1 redesigns and simplifies the authorization system: now users can log into PocketBook Cloud, PocketBook Store, Send-to-PocketBook, and ReadRate services using a single account. In addition, users now have the option of logging into the personal account via smartphone in the PocketBook application by scanning a QR code.

Release Notes Firmware Version 6.1.1069

Basic changes

1. New UI design style of all apps. All applications have received a completely new user interface. Notifications, control panel and status bar have also been redesigned.
2. Updated main menu design: In addition to available and recently read books, the main menu will now display a list of recommended literature (bestsellers, new releases, book of the week) as long as it is connected to the PocketBook Boutique. . In addition, users can now customize the home screen interface by adding icons of necessary applications as well as turning book recommendations on or off.
3. New design of the applications panel. The applications are now grouped together, so it is easier to find them in the list.
4. Firmware 6.1 redesigns and simplifies the authorization system: now users can log into PocketBook Cloud, PocketBook Store, Send-to-PocketBook, and ReadRate services using a single account. In addition, users now have the option of logging into the personal account via smartphone in the PocketBook application by scanning a QR code.
5. Revised the installation wizard services making it easier and more user-friendly by adding explanations and removing some steps.
6. New design of the Book Card for the Library application and the reading program. The new design offers a more user-friendly interface for examining book metadata.
7. Flight mode added.
8. Improved performance: faster exit from sleep mode, faster touch screen response, faster and smoother writing.

Reading program

1. From now on, the PocketBook device supports EPUB3 format – the latest version of EPUB, which is based on the latest HTML5 standard, which means that EPUB publications can now contain interactivity, can have fixed (like PDF) and fluid layouts, etc. – like websites in modern browsers.
2. Improvements concerning hyphenation in books in FB2 and EPUB format.
3. Smoother handling of pinch gestures to zoom when scaling documents for PDF and DjVu books.
4. Date of creation of notes added to the list of notes.
5. The option to display the number of pages to the end of the chapter has been added to the Reading Settings menu.
6. Updating Adobe RMSDK to version 11.
7. Notes feature user interface design improvements, ability to add comments by tapping text in notes view, ability to change pencil thickness.
8. Fixed some display problems of illustrations in some books in EPUB, DOC, DOCX format.
9. Fixed the display problem of certain ligatures in books in EPUB and PDF format.
10. Fixed display issue with some Hebrew and Greek symbols in EPUB format books.
11. Fixed display issue with some books containing right-to-left printed text.
12. Fixed the issue where pressing the “next” button or a “tap” gesture could cause two pages to flip at once.
13. Fixed the issue that a word could not be edited in the dictionary menu while reading.
14. Fixed issue where hyphenated words were not correctly underlined or highlighted.

New bookstore

1. Modern and convenient navigation to make the process of selecting and buying books much easier and faster.
2. Ability to change library containing content in different languages.
3. Thumbnails and detailed view for book lists.
4. Convenient navigation using breadcrumbs elements and easy book search.
5. Quick access to “New Releases”, “Book of the Week”, “Best Sellers” and “Popular Categories”.
6. Wish list to collect the desired products and save them in the customer account.
7. List of purchased books to easily download books; can be useful, for example when changing devices.
8. Support for the PayPal payment system.
9. The new bookstore requires re-authorization, but if you already have a Bookland account, please repeat registration in the new PocketBook bookstore with the same email address. All your books will be automatically moved to the new store account via the PocketBook Cloud.
10. Fixed the issue where the “Book of the Day” or “Book of the Week” was not modified when it had already been modified on the web server.

PocketBook Cloud

1. In order not to lose the reading position of the book, the notes or the bookmarks before the extinction, the device automatically synchronizes with the Cloud. When synchronization is complete, the device will be turned off.
Applying Notes
1. Improved user interface for note export functionality.
Navigator
1. Improved visibility of progress bar when building websites.
2. The web engine has been updated to Chrome 73.
3. Ability to configure the home page allowing the user to automatically load the desired page without wasting time typing his address.
4. Additional screen updates when loading a web page have been removed.

Library improvements

1. Layout changes and new icons provide a more convenient view of book lists with different sorting and grouping options.
2. Support for new metadata specification of EPUB3 and Caliber format.
3. More convenient management of loaned books. Now the user can see the loan term directly on the cover of the book.
Legal documents update system
1. From now on, new legal documents will be delivered to the device automatically if changes have been made to them for any reason. After delivering them to the device, the user has the option to review and accept them.
2. All accepted documents are saved in internal memory and can be viewed offline. To find them, the user only has to open the Settings application and go to “About device” – “Legal information” – “PocketBook Legal”.

Settings

1. Revision of the “Accounts and synchronization” branch in the Settings application. The new account grouping supports the more convenient authorization process and account administration.
2. Revision of the “Legal” branch. All legal documents regarding PocketBook have been moved to a separate branch.
3. Revision of the Adobe DRM branch. This allows for more convenient activation and deactivation of Adobe IDs.
Other improvements
1. Italian explanatory dictionary added (Wikizionario).
2. The Bulgarian keyboard layout has been updated.
3. Ability to delete multiple images in one action from Gallery application.
4. Smoother drawing in pencil notes and in the Scribble app.
5. Performance improvements, faster response on touch screen gestures.
6. Wording improvements for Belarusian, Lithuanian, Latvian, Czech and Polish languages.
7. Fixed the issue that the g-sensor was on after restarting the device, although it was previously turned off in settings.
8. Fixed the issue that the LED indicator would stop lighting up with a delay after completing the device charging process.
9. Fixed issue where Control Panel could be opened by clicking menu button while mapped to task manager in settings.
10. Other minor bug fixes.


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