Investment firm Mavik Capital Management is looking to raise capital for a new distress fund. The New York-based firm seeks to raise $1B to acquire distressed commercial real estate assets, Bloomberg reported. The money will go into a new fund called VS3 and will be invested in a range of assets, including hard assets and commercial mortgage-backed […]
West Brom Building Society has reduced rates across its two-year fixed purchase mortgage range, with cuts of up to 0.18%. The latest changes apply across all two-year purchase products. At 95% LTV, the West Brom has reduced its two-year fixed purchase product with no fee to 5.15%, down from 5.25%. At 90% LTV, its two-year […]
The act defines “mortgage” broadly, covering deeds of trust, trust deeds, security deeds, indentures, and deeds to secure debt. The protection is bounded, though. It applies to a listed set of changes: extending the maturity date, cutting the interest rate, changing the rate structure or index in specified ways that don’t raise the rate, capitalizing […]
A coalition of industry trade groups representing lenders, brokers and community associations is asking the head of the Federal Housing Finance Agency (FHFA) to revisit policy changes made by Fannie Mae and Freddie Mac that they claim will negatively impact homebuyer affordability, accessibility and housing supply. In a joint letter sent Wednesday to FHFA Director […]
-STL gana decisivamente una disputa de patentes en Europa; reafirma su compromiso con la defensa de su innovación y propiedad intelectual LONDRES, 10 de julio de 2026 /PRNewswire/ — STL (NSE: STLTECH) un proveedor líder de soluciones de conectividad para infraestructuras digitales preparadas para IA, anunció hoy una victoria definitiva en su disputa de patentes […]
Eleven US banks end DFAST at key capital lows – Risk.net Skip to main content End of drawer navigation content BMO US, RBC US and TD US only firms to also stay at nadirs across leverage and SLR ratios Eleven US banks would be at their weakest capital points at the end of the Federal […]
The South Korean memory company’s American depositary receipts begin trading on Friday.
US banks cluster at stronger DFAST capital lows – Risk.net Skip to main content End of drawer navigation content Weakest projected capital ratio rises 390bp since 2018 Large US banks’ projected minimum Common Equity Tier 1 (CET1) ratios in the Federal Reserve’s annual stress tests have risen and become more tightly clustered since 2018, a […]
WIZE was created to address a gap in the wealth management sector. Credit: Lomb/ Shutterstock.com. Banyan Software has finalised a majority investment in WIZE, a software provider focused on wealth and asset management. The equity holdings of WIZE’s senior management remain the same, with the company set to work with Banyan in its next stage […]
Source: Bloomberg. Data as of June 30, 2026. Chart shown for illustrative purposes only. Past performance is no guarantee of future results. Not indicative of RiverFront portfolio performance. Returns shown do not reflect any fees or costs associated with investing in the listed sectors. the applicable asset classes. It is not possible to invest directly […]