Longbridge’s Chris Mayer on reverse mortgage ideas abroad

News release The Governor of the Bank of England, Andrew Bailey, has announced that Rhys Phillips will be the next Chief Cashier and Director of Notes. He will take up the role on 19 October 2026.  Governor Andrew Bailey said: “Banknotes play a central role in public life. They serve not just as a means of…

Islamic finance across the Middle East and Africa is entering a new phase of maturity, as sukuk markets diversify beyond sovereign issuance, banks compete to serve a generation of digitally native clients, and providers look to Shariah-compliant structures to bridge Africa’s SME funding gap. Read on to discover how local currency issuance is reshaping GCC…

McCalla Raymer Leibert Pierce, LLP (MRLP) has announced that it has merged with Scott & Corley, P.A., a South Carolina-based company, on July 1, 2026. This operational alliance broadens MRLP’s geographic reach and enables the company to provide all of its legal services in South Carolina. Scott & Corley, P.A. has a long history of…

Michael Molnar, Head of Corporate Development and M&A at Cetera, breaks down what actually drives RIA valuations beyond headline multiples. He identifies two primary levers: business composition, where advisory and recurring revenue models command higher valuations, and genuine organic growth measured by net new assets, not market appreciation. He also highlights common deal failures, including…

Edelman Financial Engines is appealing a judge’s decision to dismiss its lawsuit against Mariner Wealth Advisors, intending to bring the case to the federal appeals court. Edelman Financial Engines’ attorneys on Thursday filed that they intended to appeal the case to the Tenth Circuit Court of Appeals to overturn the judgment by Kansas Federal Court…

That reading aligns with independent institutional data. Canada Mortgage and Housing Corp. projects the economy to grow just 0.7% in 2026, one of the weakest years in recent decades outside a recession. The agency attributes softening prices to a large resale inventory, persistent affordability challenges and weak sales, and warns that a mild recession cannot…