Developer launches a four-year strategy with its first project at Waterbeach in Cambridgeshire.
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Key insight: The housing package raises the threshold under which reciprocal deposits should be treated as regulated deposits rather than “brokered.” What’s at stake: The change means that more banks that aren’t considered “too big to fail” can attract local business and municipal deposits without the risk that those deposits will flee in times of…
Velocity raised $38 million in a Series A funding round to expand its stablecoin payments and treasury platform designed for global enterprises, according to a Tuesday (July 14) press release. The company’s platform enables enterprises to retain their core treasury operations while accessing the benefits of stablecoins, including the reduction of settlement times, the elimination…
The distinction matters because AI will not affect both models equally, Schieken said. High-volume brokers who have already reduced per-borrower contact time to near zero are the most exposed, because their model begins to look more like a transaction platform than a relationship business. “There are individual brokers doing $500 million in volume a year,…
The pullback was concentrated in the government segment. The Government MCAI fell 4.6%, reflecting a significant retreat from FHA and VA streamline refinance programs, particularly those serving high loan-to-value (LTV) and low credit score borrowers. The Conventional MCAI also slipped, down 0.1%, while the Conforming MCAI fell 2.2%. “A contraction in government loan programs accounted…
Up over 20% over the past 12 months through June 8, 2026, the MSCI ACWI Growth Index continues its upward trajectory, despite geopolitical frictions that temporarily set the index back earlier this year. That said, investors looking to ride the momentum of global growth for the long term will want to take a closer look…
Canada’s trade surplus widened to its largest in four years as the country’s energy, metals and mineral sectors helped fill global supply gaps left by disruptions in the Strait of Hormuz.