When CVC Capital Partners put Greek eCommerce platform Skroutz up for sale earlier this year, it skipped investment bankers and used artificial intelligence to run the process instead, The Wall Street Journal reported. CVC sent prospective buyers a link to a data portal that functioned as an investment memo and a chatbot answered questions on […]
A surge in U.S. inflation to a three-year high has begun to recede, but life isn’t going to get more affordable for Americans anytime soon.
For brokers who haven’t made that shift, the exposure is real. CMP’s 2025 Brokers on Lenders report found that technology satisfaction among brokers increased by 10% in 2025, with lenders that offered faster portals and cleaner workflows winning more volume, but the lenders earning the deepest broker trust were those where “technology mattered, but only when […]
Hines is returning to the office market with a $151M bet on Austin. The global real estate investment management giant acquired a 206K SF office at 405 Colorado St. from Brandywine Realty Trust as it selectively targets trophy office assets with high occupancy, Hines announced Monday. Hines acquired the fully leased office building at 405 […]
Mayor Zohran Mamdani announced Monday that an underutilized New York Police Department parking lot in Manhattan’s East Village will be redeveloped as mixed-use housing. The site, at 324 East Fifth Street, is slated for approximately 131 affordable housing units, 30 percent of which will be reserved for formerly homeless New Yorkers. The mixed-use project was […]
A class action lawsuit filed against a California-based mortgage company claims it violated the Telephone Consumer Protection Act and is now seeking monetary damages and a court order to stop their telemarketing. Processing Content Plaintiff Chris Arnet filed the lawsuit against Catalyst Mortgage, claiming that the lender sent him at least three unsolicited text messages […]
Glen Weinberg (pictured top), COO and partner at Fairview Commercial Lending in Colorado, said the credit scores and debt-to-income (DTI) numbers brokers are seeing may be complete fiction. “People are goosing their credit scores because instead of using a credit card, they do a BNPL loan like Affirm or Klarna, and it doesn’t show up […]
The disparity between rental yields in northern and southern England decreased during the second quarter of 2026, according to data from Fleet Mortgages’ latest Rental Barometer. Average rental yields across England and Wales increased by 0.3 percentage points year-on-year to 7.8% in Q2, though this represented a decline from 8.1% recorded in the first quarter […]
That specificity matters more this year than most. CMHC has projected that 1.15 million mortgages will come up for renewal across Canada in 2026, the largest single-year cohort on record, a wave that’s reshaping which broker behaviours are worth recognising. Newcomers to Canada are also the fastest-growing borrower segment, a trend detailed in CMP’s feature […]
Dudley Building Society has announced a series of rate cuts across its residential, buy-to-let, holiday let and expat mortgage ranges, with reductions of up to 100 basis points (bps). Available for both purchase and remortgage cases, the refreshed range includes reductions across selected two-year and five-year fixed rate products, as well as discounted products. Highlights […]