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NEW YORK--(BUSINESS WIRE)--Dec 4, 2024-- Figure Technology Solutions (“Figure”), a technology platform powering a more efficient and liquid marketplace for financial products, today announced that Macrina Kgil, a seasoned finance executive, joined as Chief Financial Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241204327766/en/ (Photo: Business Wire) “Macrina is the perfect fit for Figure, given her industry expertise and deep background in public markets and public company finance functions,” said Michael Tannenbaum, Chief Executive Officer of Figure. He continued, “We recently surpassed $1.5 billion in quarterly originations, record revenue, eighty percent year over year growth, and one hundred fifty percent EBITDA growth. Our metrics reflect three primary drivers: the widespread adoption of our increasingly liquid lending marketplace, Figure Connect, coupled with both a diversified product suite and a growing network of embedded lending partners. Our steady growth and ambitious plans called for a CFO of Macrina’s caliber; her financial stewardship will be pivotal to helping Figure achieve our goals.” “I’m thrilled to join Figure and have the opportunity to work alongside a deep executive bench and lead a talented finance team,” said Kgil. ‘’Particularly given my extensive experience in the fintech and blockchain sectors, I am eager to drive our growth and nurture investor confidence. Figure operates at the forefront of innovation, and I believe that we can unlock significant value for all of our stakeholders as we continue our momentum.” Kgil joins Figure from Flow, a residential real estate startup, where she led the finance function globally. Prior to Flow, Kgil was CFO of OneMain Holdings (NYSE: OMF). While there, she helped manage the acquisition of OneMain Holdings from Citigroup, and successfully led the company (as Springleaf Finance) through an IPO, managing the public markets debut as well as subsequently guiding the company as a public filer. Previously, she served as CFO of Blockchain.com and its affiliate Blockchain Ventures Fund I, where she built a robust finance infrastructure across numerous global entities with a strong regulatory and compliance focus. Earlier, she served as VP in the private equity group at Fortress Investment Group and started her career at PwC in the capital market advisory and audit teams. Kgil holds an engineering degree from Seoul National University. She’s a founding member of the F Suite, an executive community of leading CFOs. Kgil reports to Tannenbaum in this newly created role for Figure, following its spin-off earlier this year as a stand-alone company independent of Figure Markets Holdings. Her hiring follows September’s appointment of Ron Chillemi as Figure’s first Chief Legal Officer. About Figure Technology Solutions Founded in 2018, Figure Technology Solutions (“Figure”) is a disruptive and scaled technology platform built to enhance efficiency and transparency in financial services. Its subsidiary, Figure Lending LLC, is the largest non-bank provider of home equity lines of credit; its software has been used to originate more than $12B of home equity lines of credit. Figure’s technology is embedded across a broad network of loan originators and capital markets buyers, and is used directly as well by homeowners in 49 states and Washington, DC. With Figure, homeowners can receive approval for a HELOC in as fast as five minutes and receive funding in as few as five days. To date, Figure has embedded its HELOC in more than 135 partners, including Rate (formerly Guaranteed Rate), CrossCountry Mortgage, Movement Mortgage, Goodleap and many other fintechs, depositories and independent mortgage banks. View source version on businesswire.com : https://www.businesswire.com/news/home/20241204327766/en/ press@figure.com KEYWORD: UNITED STATES NORTH AMERICA NEW YORK INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY FINANCE CONSULTING BANKING PROFESSIONAL SERVICES FINTECH RESIDENTIAL BUILDING & REAL ESTATE SOURCE: Figure Technology Solutions Copyright Business Wire 2024. PUB: 12/04/2024 03:00 PM/DISC: 12/04/2024 03:02 PM http://www.businesswire.com/news/home/20241204327766/en
Dejounte Murray is rejoining the Pelicans vs. Toronto and drawing inspiration from his mother
Jaylon Johnson isn't interested in bright spots with the Bears' skid at 5 gamesAndy Murray to coach long-time rival Novak Djokovic at Australian OpenTORONTO — Canada's main stock index ended Tuesday narrowly in the red, weighed down by losses in energy and base metals stocks, while U.S. markets moved higher. Investors digested the latest news from U.S. president-elect Donald Trump, who threatened sweeping new tariffs of 25 per cent on products from Canada and Mexico. The “sizable” tariff promise likely shocked markets somewhat right off the bat, said Mike Archibald, vice-president and portfolio manager with AGF Investments Inc. “But I think as people have kind of digested they've thought that this is probably a starting position from a bargaining standpoint,” he said. The announcement was in line with Trump’s tactics used during his first presidency, said Archibald. The S&P/TSX composite index closed down 5.21 points at 25,405.14. In New York, the Dow Jones industrial average was up 123.74 points at 44,860.31. The S&P 500 index was up 34.26 points at 6,021.63, while the Nasdaq composite was up 119.46 points at 19,174.30. A few Canadian companies saw their share prices drop because of the outsized impact such a tariff could have on certain sectors, said Archibald. These included Bombardier, BRP, Linamar and Magna International. “You can see the biggest losers on the market today are generally those that manufacture in either Canada and/or Mexico,” he said. But higher tariffs could also be inflationary for the U.S., said Archibald. Markets have been paring back their bets for interest rate cuts in the U.S. in the wake of the election in anticipation of potentially higher inflation. “It’s a bit too early to know,” said Archibald. Despite the uncertainty, he said markets are still poised to do well in the coming months thanks to Trump’s overall pro-business bent. “I still think the market is in a very good position to rally ... into the end of the year,” he said. “The S&P 500 is still going to do fairly well relative to other markets around the world.” The loonie fell to a four-year low before clawing back some of its losses later in the day, he noted. The Canadian dollar traded for 71.01 cents US compared with 71.53 cents US on Monday. The January crude oil contract was down 17 cents at US$68.77 per barrel and the January natural gas contract was up three cents at US$3.47 per mmBTU. The December gold contract was up US$2.80 at US$2,621.30 an ounce and the March copper contract was down four cents at US$4.12 a pound. — With files from The Associated Press This report by The Canadian Press was first published Nov. 26, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD) Rosa Saba, The Canadian Press
NonePHILADELPHIA (AP) — Ethan Gettman kicked what proved to be the game-winning field goal from 31-yards out midway through the fourth quarter and Brendan Bell added an insurance touchdown a minute later as Villanova pulled away from Delaware in the second half to post a 38-28 victory in the season finale on Saturday afternoon. The Wildcats now have won 17 of their last 19 meetings with the Blue Hens, who played their final regular season game as an FCS-member. Delaware will join the FBS and join Conference USA for the 2025 season. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Hollywood star reveals curious reason she wants to talk to Trump about his mother By ISHITA SRIVASTAVA FOR DAILYMAIL.COM Published: 18:10 GMT, 7 December 2024 | Updated: 18:17 GMT, 7 December 2024 e-mail View comments British star Tilda Swinton has revealed why she is very keen to speak to President-elect Donald Trump about his deceased mother. Swinton, an Academy Award and a British Academy Film Award winner, recently spoke to the New York Times about her anti-conservative activism in England, especially in the '80s. The Orlando actress notably said that in recent years, there has been a tremendous 'rise of the meanness of right-wing politics' and suggested that 'the purveyors of that meanness were once vulnerable little children'. 'I can tell you, and he may even read this, if I ever met your incoming president, there is something I would love to talk to him about, which is having a Scottish mother,' Swinton boldly said. 'That's something I can go toward him on.' When asked why she would want to speak to Trump, Swinton doubled down and said that she is actually more interested in hearing about his mother, Mary Anne MacLeod Trump. Mary Anne was born and brought up on the Hebridean island of Lewis and immigrated to New York in 1930, at the age of 18, to seek work as a domestic servant. In 1936, she married successful property developer Frederick Trump, the son of German migrants. In his 1987 book, 'Trump: The Art of the Deal', Donald said of his parents: 'We had a very traditional family. My father was the power and the breadwinner, and my mother was the perfect housewife.' British star Tilda Swinton has revealed why she is very keen to speak to President-elect Donald Trump 's about his now-deceased mother Left to right: American banker Elizabeth Trump Grau, her brother President-elect Donald Trump, and their mother Mary Trump at the Mar-a-Lago estate Trump added that his mother took care of him and his siblings, 'cooked and cleaned and darned socks and did charity work at the local hospital.' Talking about her influence in his life, Donald credits Mary Anne for passing on the 'showmanship' gene. 'She always had a flair for the dramatic and the grand. She was a very traditional housewife, but she also had a sense of the world beyond her. 'I still remember my mother, who is Scottish by birth, sitting in front of the television set to watch Queen Elizabeth's coronation and not budging for an entire day. 'I also remember my father that day, pacing around impatiently. "For Christ’s sake, Mary", he’d say. "Enough is enough, turn it off. They’re all a bunch of con artists". 'My mother didn’t even look up. They were total opposites in that sense. My mother loves splendor and magnificence, while my father, who is very down-to-earth, gets excited only by competence and efficiency.' In his book 'How to Get Rich', Donald attributes his religious values also to his mother. According to Jeffrey Lyons , a political science professor at Boise State University, about three-quarters of kids who have two parents of the same political party will fall on the same end of the right-left spectrum as their parents. Talking about her influence in his life, Donald credits Mary Anne for passing on the 'showmanship' gene. Pictured: Mary Trump, Donald and wife Melania In his book 'How to Get Rich', Donald attributes his religious values also to his mother Roughly eight-in-ten parents who were Republican or leaned toward the Republican Party (81 percent) had teens who also identified as Republicans or leaned that way A Pew Research Center study revealed that about 35 percent of US parents said it was extremely or very important that their kids grow up to share their religious views. The study also showed that 70 percent of White born-again or evangelical Protestant parents said it was extremely or very important for their children to hold similar religious beliefs, compared with just 8 percent of religiously unaffiliated parents. It also indicated that a vast majority of parents with teens have passed along their political loyalties. Roughly eight in ten parents who were Republican or leaned toward the Republican Party (81 percent) had teens who also identified as Republicans or leaned that way. Similarly, about nine-in-ten parents who were Democratic or leaned Democratic (89 percent) had teens who described themselves the same way. Share or comment on this article: Hollywood star reveals curious reason she wants to talk to Trump about his mother e-mail Add commentFlick sent off for protesting penalty in Barcelona draw and Real Madrid closes on leader
A proposal to ban a transgender Montana lawmaker from using the women’s bathroom in the state's capitol building failed on Tuesday. The proposed amendment, introduced by Republican Rep. Jerry Schillinger of Circle, would have required state legislators to use restrooms based on their biological sex at birth. The amendment needed to receive a majority from House members and Senate members on the joint rules committee to advance. It got enough votes to pass on the Senate side, but not the House. Rep. Zooey Zephyr, D-Missoula, was Montana’s first openly transgender female lawmaker. Rep. SJ Howell, D-Missoula, was the first nonbinary lawmaker. Both were first elected in 2022 and reelected this year. RELATED STORY | Montana transgender lawmaker on Capitol Hill's bathroom ban: 'Do not cede ground' On social media, Zephyr thanked her colleagues — particularly her republican colleagues — who she said “recognized this as a distraction from the work we were elected to do.” Rep. David Bedey, R-Hamilton, one of four Republicans to vote against the proposal, said, “This particular action will have the effect of making people famous in the national news and will not contribute to the effective conduct of our business." This comes after some intense moments last month in Washington after a Republican representative from South Carolina proposed a similar ban on Capitol Hill ahead of the first openly transgender member of Congress, Rep. Sarah McBride, D-Delaware, taking office next year. RELATED STORY | Justices seemingly unmoved to overturn transgender health care ban for minors
For the past four years, Texas has made itself an adversary of the White House on immigration. Under Gov. Greg Abbott, a Republican, the state has flexed its law enforcement power at the U.S.-Mexico border, added miles of razor wire barriers to deter crossings and bused more than 100,000 migrants to sanctuary cities in Democratic states, all in defiance of the Biden administration. But as President-elect Donald Trump heads back to the White House next month, touting a plan to carry out the largest deportation of immigrants in U.S. history , Texas is preparing to take on a new role in Washington: ally. Already the state has offered up a 1,402-acre ranch on the Rio Grande as a potential site for detention facilities, and it is ready to share its playbook for muscling through immigration policy changes, such as its executive order requiring hospitals to ask about a patient’s immigration status and a measure that would allow police officers to arrest migrants and empower state judges to order deportations. Texas Land Commissioner Dawn Buckingham last week announced an initiative to identify land within the 13 million acres owned by the agency that the Trump administration could use for deportation operations, including the recently acquired ranch along the Rio Grande. “We’re actively looking at the properties we have around the state and seeing if it works for the Trump administration,” Buckingham told NBC News. “We’ve identified several properties in the El Paso area that we think are also a good, natural fit,” as well as in some urban areas. Buckingham also said that Texas would look to help guide the incoming administration’s policies on border security. “We’ve come up with a lot of ingenious ways to take these criminals to task, and we are happy to help anybody who is looking for advice or policies that seem to be helpful,” she said. The Trump administration is listening. “You cannot have strong national security if you do not have border security,” Tom Homan, Trump's former acting U.S. Immigration and Customs Enforcement director and incoming "border czar," said at an event with Abbott last week. “There is unprecedented success in Texas. This is the model we can take across the country.” Abbott, at the same event, said that his state was “going to be doing more and faster than anything that’s ever been done to, first of all, regain control of our border, restore order in our communities, and also identify, locate and deport criminals in the United States of America who have come across the border.” Texas’ rise as a prominent ally to the incoming Trump administration follows years of challenging and undermining President Joe Biden’s efforts on immigration. “Texas is a natural leader because of everything they’ve accomplished in the last four years with little public or political pushback,” said Andrea Flores, who was an immigration policy advisor to the Biden and Obama administrations, and is currently the vice president of immigration policy and campaigns at FWD.us, a social welfare organization. One of the most visible forms of opposition was the busing of more than 100,000 migrants from the border to sanctuary cities like New York, Chicago and Denver — a move that overwhelmed those Democratic communities, strained their resources and led to growing anti-immigrant sentiment around the country that seeped into the presidential campaign. The strategy led to “a governor sowing intentional chaos against other states with no one stepping in to try and stop it,” said Flores, who criticized the lack of federal intervention. “The cities’ crisis eclipsed the border crisis, and it led to tremendous backlash.” Other Texas efforts under Biden could serve as a model for what’s to come under Trump, some experts said. “To the extent that there’s coordination, or even cooperation, between the federal government and a state like Texas, it’s possible that the sky’s the limit,” said Rick Su, a law professor at the University of North Carolina. “This may be the missing piece in what I think, at least for the Trump administration, what they intend to do.” In 2021, Abbott declared a disaster at the border, opening the door to launch his Operation Lone Star to pay for the busing and provide $11 billion to deploy thousands of members in the Texas National Guard and Texas Department of Public Safety to the southern border and create new barriers, including 100 miles of razor wire and buoys in the Rio Grande. Earlier this year, Abbott signed an executive order requiring hospitals to ask about a patient’s immigration status and track the amount of costs from treating undocumented immigrants. “It has been four years of advancing an agenda that we are very likely to see multiple states do the same under the Trump administration,” Flores said. “Texas has given us a preview of what was to come.” The state also passed a law that challenged federal immigration authority and is “arguably one of the most unprecedented sort of modern laws with regard to immigration,” Su said. The law, known as S.B. 4 , would allow police officers to arrest migrants and impose criminal penalties. It would also empower state judges to order the deportation of people to Mexico. The measure’s implementation has been on hold while it is challenged in court . But legal experts, including Su, are watching to see if Trump’s Department of Justice backs off from that and other legal challenges on Texas’ immigration policies that were undertaken by the Biden administration. “In some ways, that is just the beginning,” Su said.