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Is Bitcoin (BTC -1.73%) ready to break out to the upside? This is what the bulls are hoping for, especially as the world’s top cryptocurrency has climbed 11% since the start of July (as of the afternoon of July 22). Bitcoin currently sits just under $66,000 per unit. Where does the oldest, most valuable digital…
Shutterstock/AI/Leon Parks For mortgage brokers, the first half of this year brought back unhappy memories of 2022. The US-Israeli strikes on Iran at the end of February triggered a period of market turbulence and rapid rate hikes that had echoes of the Liz Truss Mini-Budget three and a half years earlier. While the turmoil was…
Broadridge Financial Solutions, Inc. (NYSE: BR) announced that its Distributed Ledger Repo (DLR) platform processed $7.5 trillion in repo transactions during June 2026, averaging $357 billion in daily volume. The figure marks a 68% year-over-year increase in daily averages, underscoring the accelerating adoption of distributed ledger technology within institutional funding and collateral markets. Horacio Barakat,…
On the corporate side, FSRA alleges that Capitis contravened the MBLAA and its regulations in the operation of its mortgage administration business — specifically, that the company misused its trust account and mishandled mortgage funds, contrary to sections 23(1), 35, and 37 of Ontario Regulation 189/08. Those provisions set out strict requirements for how mortgage…
“The condominium sector has started to show some small gains but continued to be hampered by inventory that has shown less flexibility for pricing changes,” said Edward Jegg, research manager at Altus Group. Total new home sales across the GTA reached 1,175 units in June 2026. That’s roughly double last June’s record low, according to…
The war chest of home equity held by U.S. homeowners age 62 and older continued to grow in the first quarter, even as home price gains softened in much of the country, according to recently released industry data. Figures prepared by Riskspan, a data intelligence provider, and published by the National Reverse Mortgage Lending Association…