Tenet Healthcare COO Lisa Foo sells $2.58m in stock
Tenet Healthcare COO Lisa Foo sells $2.58m in stock
FIFA scraps World Cup sell off plans, Infantino says
FIFA scraps World Cup sell off plans, Infantino says
Maryland buys the Preakness | Bond Buyer
According to 2024 numbers from the Maryland Horse Council, “the total economic impact of the industry grew 38% between 2017 and 2022, from $2.1 billion to $2.9 billion.” Bloomberg News Maryland is in the home stretch to fully own and operate the Preakness and Black-Eyed Susan Stakes by purchasing the intellectual property rights for $85 million. Processing […]
MCAN Financial reports profit surge
For the first half of 2026, net income reached $47.0 million, up 28% year over year. “We continued to grow our business to deliver improving returns to our shareholders while navigating uncertainty in the current geopolitical and economic environment,” said Derek Sutherland, CEO of MCAN. “We benefited from residential mortgage renewals which enhance our returns […]
Cheshire mortgage fraudster sentenced for £200,000 scam
A man who posed as a mortgage adviser and defrauded four people of more than £200,000 has been sentenced at Chester Crown Court. Adam Francis, 48, of Barnton, near Northwich, Cheshire, received a 25-month prison sentence, suspended for two years, along with up to 20 days of rehabilitation. He had previously pleaded guilty to four […]
Increase in Freddie Mac Earnings Driven by Release of Credit Reserves
Freddie Mac has wrapped up a robust first half of 2026 with the announcement of its financial results for Q2. The government-sponsored mortgage investor reported a net income of $3.8 billion for the quarter, reflecting a 61% increase compared to the same period last year. This growth was primarily attributed to what the company referred […]
More than 1.5 million UK homes deemed ‘unmortgageable’, Together finds – Mortgage Strategy
More than 1.5 million homes across the UK could be declined for a standard mortgage by high street lenders because they fall outside traditional lending criteria, according to research from Together. The study estimates that around 6% of the UK’s 28 million residential properties would struggle to secure mainstream mortgage finance due to factors such […]
Munis weaken slightly ahead of big redemption week
Munis were slightly weaker on Friday, as U.S. Treasuries cheapened and equities ended higher. Processing Content Muni yields cheapened by up to two basis points. USTs cheapened by three to five basis points outside of the one-year mark. Monday will bring the second-highest semi-monthly reinvestment of the year, but the week could still be a […]
The S&P 500 is making a change by adding this little-known industrial stock
Ferguson Enterprises’ stock was rallying more than 8% after news the Newport News, Va., company will be joining the S&P 500 index, edging out better-known names for inclusion.
Loan modifications rose ahead of policy transition: FHFA
Overall foreclosure prevention activity slowed at Fannie Mae and Freddie Mac this spring, just ahead of a transition to shorter allowable forbearance periods and more reliance on loan modification. Processing Content The government-sponsored enterprises (GSEs) completed 17,201 foreclosure prevention actions during the month, representing an 8.7% drop from March’s 18,835. “Foreclosure prevention actions decreased in […]