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Redwood Trust: Q2 Earnings Snapshot

Published Wed, 26 Feb 2025 11:56:49 GMT

MILL VALLEY, Calif. (AP) — MILL VALLEY, Calif. (AP) — Redwood Trust Inc. (RWT) on Thursday reported second-quarter profit of $3 million.The Mill Valley, California-based company said it had net income of less than 1 cent on a per-share basis. Earnings, adjusted for non-recurring costs, were 14 cents per share.The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.The specialty finance company posted revenue of $179 million in the period. Its adjusted revenue was $26 million, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $29.6 million._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RWT at https://www.zacks.com/ap/RWTSource

Why did Jeffco wait to warn about the trail predator?

Published Wed, 26 Feb 2025 11:56:49 GMT

JEFFERSON COUNTY, Colo. (KDVR) — Community members are wondering why the Jefferson County Sheriff’s Office waited months to alert the community about an at-large sexual predator that has been targeting female hikers in the Conifer and Evergreen area.On Wednesday, the sheriff’s office said they've received six reports of a man who confronted females who were hiking alone on the trails of Flying J Ranch Park in Conifer, with another similar report coming from Alderfer/Three Sisters Park in Evergreen. How to stay safe on the trails: Jeffco sexual predator still at large Across six reported incidents, deputies say the man was in some cases naked, forcibly grabbing women, masturbating in front of them and engaging in sexual conversations.Timeline: Sexual predator reported on Jeffco trails April 3: In the first reported incident, the sheriff’s office said the suspect approached a female hiker.June 13: Similar to the April 3 report, the suspect confronted a female hiker. The sheriff’s of...

Trump accused of asking staffer to delete camera footage in Florida classified documents case

Published Wed, 26 Feb 2025 11:56:49 GMT

WASHINGTON (AP) — Donald Trump asked a staffer to delete camera footage at his Florida estate in an effort to obstruct the federal investigation into his possession of classified documents, according to an updated indictment unsealed Thursday that adds new charges against the former president and names an additional defendant.The indictment includes new counts of obstruction and willful retention of national defense information, compounding Trump's legal jeopardy even as he braces for a possible additional indictment in Washington over his efforts to overturn the results of the 2020 presidential election. The additional counts underscore the extent of the yearlong investigation into Trump that first produced charges last month in the form of a 38-count indictment against Trump and his valet, Walt Nauta.A Trump spokesperson dismissed the new charges as “nothing more than a continued desperate and flailing attempt” by the Biden administration “to harass President Trump and those aroun...

Coloradans cash in on home values with lines of credit

Published Wed, 26 Feb 2025 11:56:49 GMT

DENVER (KDVR) — There's a silver lining to Colorado homeowners' golden handcuffs: more of them have a big piggy bank than ever before. The Centennial State has one of the highest levels of interest in home equity lines of credit, according to a new analysis from luxury real estate platform RubyHome. The firm commissioned data on the online search history of a home equity line of credit. Denver metro home prices steady in June This line of credit, or HELOC, is like a credit card drawn against a person's home. It allows the borrower to write checks against the difference between the home's value and what's already been paid off. HELOCs have become all the rage in the last few years. Home values across the country soared to record highs following the COVID pandemic, especially in Colorado and the western U.S. in general, so homeowners have a bigger value to draw credit against. RubyHome's data saw national searches for the term "HELOC" more than double from 2022 to the present. Colo...

Broncos camp under Payton has vibe way different from Hackett's 'Camp Cupcake'

Published Wed, 26 Feb 2025 11:56:49 GMT

ENGLEWOOD, Colo. (AP) — Judging by the vibe at Wednesday's “ramp-up” workout, the Denver Broncos are in for a much tougher training camp under new head coach Sean Payton than the infamous “Camp Cupcake” they took part in under Nathaniel Hackett a year ago.“We all saw it in the intensity and the sense of urgency from OTAs and minicamp and it just carried over into the practice that we just had,” wide receiver Courtland Sutton said. "... I was just talking to one of the guys in the weight room about how we do anything is how we do everything.”Players appear to have steeled themselves for a much more rigorous training camp and preseason slate than they had under Hackett, who was canned after just 11 months and four wins.“You can see it with their weights and the workouts we did yesterday, I think they're in good shape,” Payton said after the spirited 90-minute practice that officially kicked off his first training camp in Denver. Broncos defensive lineman suspended for betting on gam...

Search underway for 67-year-old woman reported missing from Sunrise

Published Wed, 26 Feb 2025 11:56:49 GMT

Police seek the public’s help in their search for a 67-year-old woman who was reported missing from Sunrise.According to Sunrise Police, Leanise D. Demosthenes was last seen in an unspecified part of Sunrise on Wednesday.Demosthenes stands 5 feet, 3 inches tall, weighs around 130 pounds, and has black hair and brown eyes.She was last seen wearing a black head scarf, gray shirt and blue jeans. She was also carrying two tote bags.Officials urge anyone with information on Demosthenes’ whereabouts to call Sunrise Police at 954-764-4357 or Broward Crime Stoppers at 954-493-8477.

Groundbreaking ceremony held for innovative workforce apartment complex in Miami Beach

Published Wed, 26 Feb 2025 11:56:49 GMT

Miami Beach has broken ground on an innovative workforce apartment complex.The groundbreaking ceremony for the Collins Park Artist Workforce Housing project was held Thursday. The 80 residential units will prioritize low-income-eligible employees — such as artists, educators, first responders, veterans and other Miami Beach employees — with households that earn 120% or less of the area median income for Miami-Dade CountyThis public-private partnership is partially funded through the city’s 2022 voter-led Arts and Culture General Obligation Bond program and includes dormitory housing serving Miami City Ballet’s student dance education program.The complex will also feature floor space for public cultural and performing art showcases through nonprofit partners.

Donald Trump faces additional charges in classified documents case in Florida; 3rd defendant added

Published Wed, 26 Feb 2025 11:56:49 GMT

WASHINGTON (AP) — Former President Donald Trump is facing additional charges in the Justice Department’s classified documents investigation.The additional allegations of obstruction and willful retention of national defense information were added to the indictment Thursday by Justice Department special counsel Jack Smith’s team of prosecutors.A new defendant, Carlos De Oliveira, was also added to the case.THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.WASHINGTON (AP) — A third defendant has been charged alongside former President Donald Trump and his valet in the classified documents case in Florida, court records show.The charges against the individual, identified on the court docket as Carlos De Oliveira, were not immediately revealed Thursday.Trump and valet Walt Nauta were charged last month by Justice Department special counsel Jack Smith in a 38-count indictment with conspiring to hide classified documents at his Florida estate, Mar-a-Lago, from g...

Special counsel brings more charges against Donald Trump in Mar-a-Lago classified documents case

Published Wed, 26 Feb 2025 11:56:49 GMT

(CNN) — Special counsel Jack Smith on Thursday brought additional charges against former President Donald Trump in the case alleging mishandling of classified documents from his time in the White House.Trump, who is already facing 37 criminal charges, was charged with one additional count of willful retention of national defense information and two additional obstruction counts, related to alleged attempts to delete surveillance video footage at his Mar-a-Lago resort in summer 2022.Trump was charged with willfully retaining a top-secret document about possible Iran attack plans, which he discussed with biographers during a taped meeting at Bedminster, New Jersey, in July 2021, according to the indictment.The indictment says the document was a “presentation concerning military activity in a foreign country” and that Trump “showed” it to the biographers during the meeting.New charges were also filed against Trump’s aide Walt Nauta, and Mar-a-Lago maintenance w...

Former Boston Bruins players coach free hockey clinic for young players in Quincy

Published Wed, 26 Feb 2025 11:56:49 GMT

Hockey without the ice hit the streets of Quincy, where the Norfolk County Sheriff’s Office held a free street hockey clinic for kids with former Boston Bruins.The clinic for kids ages 6 through 13 gave young hockey players coaching time with former NHL players and was put together in partnership with Hockey Cares for Kids and the Boston Bruins Alumni.The former professional hockey players said the clinic took them back to their younger days.“You remember these days, it was like yesterday we were those kids and this is the funnest thing you can do in life,” former Bruins player David Jensen said.Along with hockey, the kids were educated on sportsmanship, anti-bullying as well as health and nutrition.“It’s hot, but the kids love it. They don’t get as hot as we do. Plenty of water, refreshments, so it’s a great event for the kids,” Jensen said.This is just one of the free events Hockey Cares for Kids puts on in the Boston area.