Home equity surge offsets slumping mortgage volume

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The number of mortgage loans originated fell by 50% between 2021 and 2025, with refinancings down by almost 80%, as interest rates spiked off the record lows of the pandemic era. Processing Content But making up the gap was gains in home equity/second mortgage lending, which in 2025 now represented an “unprecedented” 17.5% share of […]

Rupee rises 22 paise to 96.51 against US dollar during early trade | Finance News

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The rupee rose 22 paise to 96.51 against the US dollar in early trade on Friday on likely RBI intervention to stem its further slide after global crude oil prices crossed the $100-mark owing to heightened tensions in West Asia. A softer greenback provided mild support to the local unit while FII outflows, […]

Codexis Prices Public Offering Of 16.67 Mln Shares At $1.50/Shr; Stock Drops 19%

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(RTTNews) – Codexis, Inc. (CDXS), a provider of enzymatic solutions, announced the pricing of its public offering of 16.67 million shares at a price of $1.50 per share. The company expects net proceeds of approximately $23.1 million, which it intends to use for working capital and other general corporate purposes, including research, development, and business […]

Hosts revealed for Mortgage Strategy Specialist Lending Awards 2026 – Mortgage Strategy

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The countdown to the Mortgage Strategy Specialist Lending Awards 2026, in partnership with Black & White Bridging is well and truly on. In just a few weeks, the specialist lending community will come together at The Belfry Hotel & Resort for an evening dedicated to recognising excellence, celebrating success and connecting with the people shaping […]

Shuttered retail lender OKs data breach settlement

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A shuttered lender has agreed to fund a data breach settlement with consumers for an incident which hit the company as it was winding down. Processing Content Instead of a lump sum, McLean Mortgage will pay affected individuals on a per-claim basis, according to case filings published this month in a Virginia federal court. The […]

Asian Shares Slide On Inflation, AI Spending Worries

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(RTTNews) – Asian stocks declined on Friday as surging oil prices amid escalating Middle East tensions fueled concerns over energy-driven inflation. Adding fresh uncertainty to an already shaky global economy, the Trump administration said that it would impose higher tariffs on goods from 60 trading partners, citing forced labor concerns. The tariffs, ranging from 10 […]

GPF interest rate remains at 7.1%: What it means for govt employees | Personal Finance

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The Centre has kept the interest rate for the General Provident Fund (GPF) and other similar provident funds unchanged at 7.1 per cent for the July-September 2026 quarter.   This offers continuity to millions of central government employees planning their retirement savings.   The decision, notified by the Ministry of Finance, means […]

Tips From the Pros: Reacting to a Client’s Use of AI Means Never Having to Say You’re Sorry

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A suggested protocol for attorneys to capture value and avoid the emotional reaction to being challenged by artificial intelligence.

PLUGIT Wins Best Copy Trading Platform at UF AWARDS GLOBAL 2026, Reinforcing Its Vision with Its Flagship Brokerage Technology Solution, YOONIT

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Why Hollywood’s Biggest Stars Keep Saying Yes to Christopher Nolan

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Actors who’ve worked with Nolan say he leads by example. “He won’t ask anyone to do anything that he’s not a thousand percent willing to do himself, twice as hard,” Robert Downey Jr. said in a 2024 Vanity Fair interview with fellow “Oppenheimer” stars Cillian Murphy and Emily Blunt. Murphy said one of the most […]