US investment-grade bond funds see $7 billion record weekly outflows
US investment-grade bond funds see $7 billion record weekly outflows
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Mortgage credit at its tightest since December 2025
After flatlining for much of the spring, credit availability last month fell to its lowest point since late 2025, as lenders pulled back on federal lending programs, according to the latest report from the Mortgage Bankers Association. Processing Content The trade group’s Mortgage Credit Availability Index dropped 2% to a reading of 105.8 in June,…
Old Pension Scheme: Centre allows select government employees to opt for OPS. Who is eligible?
Certain Central government employees appointed on compassionate grounds may now have the option to be covered under the Old Pension Scheme (OPS), following a clarification issued by the Department of Pension and Pensioners’ Welfare (DoPPW). The clarification applies to eligible employees who had applied for compassionate appointment before the National Pension System (NPS) came into…
Mortgage Brain deal lets brokers offer insurance automatically – Mortgage Strategy
Mortgage Brain has integrated Uinsure into its CRM Brain platform, letting brokers offer insurance quotes automatically as part of the mortgage application process. The integration means that, once a mortgage application has been submitted through CRM Brain, brokers will be prompted to ask their client whether they would like a buildings and contents insurance quote….
Councils collect only 25% of fines issued to landlords
Local authorities in England are collecting just a quarter of fines issued to landlords for housing offences, despite a 7% increase in property inspections, according to new data from the National Residential Landlords Association (NRLA). Freedom of Information Act requests show that councils conducted 91,620 inspections under the Housing, Health and Safety Rating System (HHSRS)…
SK Hynix Just Raised $26.5 Billion in the Biggest U.S. IPO Ever by a Foreign Company. Here’s What It Signals for the AI Memory Boom.
Key Points SK Hynix priced 177.9 million American depositary shares at $149 each, raising about $26.5 billion. The offering was reportedly more than seven times oversubscribed. Micron guided for about $50 billion of fiscal fourth-quarter revenue, up from $41.5 billion in fiscal Q3. 10 stocks we like better than Sk Hynix › The biggest U.S….
More Commercial Real Estate Owners See Value in Special Servicing Platforms – Commercial Observer
Back in early June, RXR’s Midtown jewel, the Helmsley Building, was put up for sale after a long default process reached its inevitable end. There were a lot of things about that headliner story that had real estate observers chattering, but one of the big things was who the Helmsley’s commercial mortgage-backed secrities (CMBS) loan’s…
