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Accel Mortgage, List of mortgage lenders Hawaii

Stephan Balino & Welton Kalani Found Guilty of Mortgage Fraud

Following a nine day trial, a jury found two Honolulu mortgage brokers guilty of offenses stemming from a mortgage fraud and money laundering ...

San Francisco Offices Lure Google With Sales Nearing Peak

Google Inc. (GOOG) ’s purchase of a San Francisco waterfront property underscores the rising demand for commercial real estate in the city, with office-building sales on pace for their strongest year since the market’s peak.

Google’s $65 million acquisition brought San Francisco office sales through last week to $3.67 billion, up almost fourfold from the same time a year earlier and headed for the highest annual tally since $8.97 billion in 2007, according to Real Capital Analytics Inc. Blackstone Group LP (BX) this month completed a $588 million deal for a 49 percent stake in the One Market Plaza complex, the biggest transaction so far in 2013.

Technology companies are fueling the surge in demand as office vacancy shrinks, even with new projects rising, said Grant Lammersen, a broker at Cushman & Wakefield Inc. who represented the sellers in Google’s deal. Buyers are seeking to expand holdings in a market where prime rents jumped 9.6 percent in the second quarter from a year earlier, more than triple the U.S. average, according to Cushman.

Steven Mandis, a Nasty Neighborhood's Mr. Rogers

Put profit above principles when he hit upon a new way to make money.

The former Goldman Sachs banker decided two years ago to get into lending money to struggling small businesses, a niche on Wall Street where brokers offer loans with interest rates that can climb past 100 percent to dentists with bad credit and pizzeria owners behind on their bills. To some, it’s the new face of subprime.

A few of the people Mandis met on his search for investment opportunities had trouble relating to a banker who vacations in the Bahamas and describes himself as intellectually curious. His reference to a Goldman Sachs connection fell flat at a call center in midtown Manhattan. He was the only person wearing a blazer at a brokerage whose co-founder was sentenced to probation for insider trading.


Ex-Bankers Upgrade the Good Life to Get a Violin-Shaped Pool Wall Street Finds New Subprime With 125% Business Loans Young Bankers

Mortgage brokers sentenced for parts in mortgage fraud and money ...

The sentencings followed a December 2011 trial in United States District Court, at which Kalani was found guilty of 12 counts of conspiracy, mail and wire fraud, obstruction of justice and money laundering. Kalani was co-owner of Accel Mortgage, LLC, and Balino was owner of New Horizons Financial, both of whom maintained offices in downtown Honolulu. Balino was found guilty of seven counts of conspiracy, mail and wire fraud, making false statements on loan applications, and money laundering. Attorney Florence Nakakuni said that, according to information produced in court, Kalani and Balino owned mortgage brokerage companies offering loans to the public....

Housing Questions? Turn To Us And Accel… « Consumers CU

During your housing counseling session, Accel’s certified housing counseling experts will explain reverse mortgages, analyze your situation, and help you determine if it is an option you should consider. Accel counselors are HUD-approved , knowledgeable and extremely helpful in assisting you with a variety of housing counseling services, including:.  Accel’s housing counseling services can help you. Mortgage Default and Delinquency Housing Counseling....