New England bank merger adds opportunity for mortgage unit

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A pending merger between two Northeastern banks should increase borrowing opportunities for New England customers, thanks in part to the expansion of the company’s soon-to-be rebranded mortgage affiliate.  Processing Content Massachusetts-based Hometown Financial Group, the parent holding company of three individual brands, announced it had reached a deal to acquire Primary Bank, a publicly traded […]

Calculated Risk: 1st Look at Local Housing Markets in December

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by Calculated Risk on 1/07/2026 12:37:00 PM Today, in the Calculated Risk Real Estate Newsletter: 1st Look at Local Housing Markets in December A brief excerpt: Last year (2025) might have seen the lowest number of existing home sales since 1995. It will be close! Even if sales beat 2024 sales, these will be the […]

Trading money for time is the key to hitting your annual sales goals

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Troy Palmquist offers strategies to help you leverage your resources and create more time for the things that matter most right now Like many agents, you may have spent last year retrenching, scaling back, working on systems and processes, and diving deeper into your database. Now, the action plan starts to take place to hit […]

Iceland joins TIPS for instant payments

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24 June 2026 Icelandic króna will be fifth currency available for settling instant payments through TARGET services ECB and Seðlabanki Íslands agreement will take effect as of 2028 The European Central Bank (ECB) and Seðlabanki Íslands today signed an agreement for Iceland to join the Eurosystem’s TARGET Instant Payment Settlement (TIPS) system. This will allow […]

ECB reports on progress towards euro adoption

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24 June 2026 Biennial report assesses progress towards euro adoption in Czech Republic, Hungary, Poland, Romania and Sweden Countries under review show economic resilience to external shocks but still face obstacles on road to euro adoption Mixed inflation trends, with fiscal situation deteriorating in most countries Legislation in all five countries not fully compatible with […]

FHLBank San Francisco Awards $66.3M to Support Affordable Housing

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Affordable housing developments across Arizona, California, and Nevada will be supported by $66.3 million in Affordable Housing Program grants announced by the Federal Home Loan Bank of San Francisco/ The grants will support 45 affordable housing developments in the three states, FHLBank announced. The awards will help create nearly 2,900 homes for low-income households. “At […]

Lawmakers probe growing use of Chinese AI models in U.S. companies

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U.S. lawmakers are considering how to curb the growing adoption of Chinese AI models by homegrown companies, as geopolitical tensions surrounding the rollout of artificial intelligence ramp up. AI has emerged as a key point of rivalry between the U.S. and China, with both nations vying for supremacy in the field. Chinese models are gaining […]

China reportedly decides to lift restrictions on refined fuel exports for the rest of July

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For some context, China has been actively restricting refined fuel exports since the US-Iran war began. It all started with an immediate ban in March here, before some easing in the restrictions since April onward. However, the latest directive here marks a significant change in the tone and surely it has a lot to do […]

Former lawmaker Bill Archer dies July 4

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Archer was a budget hawk who championed the Taxpayer Relief Act of 1997 which established Roth IRAs, created a child tax credit, and lowered the estate tax the capital gains tax rate.House of Representatives Former Rep. Bill Archer of Texas died at his home in Stanley, Virginia on July 4 at the age of 98, […]

AI takes centre stage at Women in Mortgage Summit Canada 2026

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The workshop panel — titled “AI, In Practice: Real Mortgage Workflows, Honest Results” — is designed to cut through the noise surrounding artificial intelligence and deliver practical, field-tested guidance to mortgage brokers and lending professionals across Canada. No vendor pitches, no theoretical frameworks: just documented workflows from practitioners actively managing files today. At the […]