Ethiopia and Kenya have introduced a Simplified Border Trade Regime allowing licensed border residents to formally trade up to $1,000 per month under streamlined customs procedures. Strict trip limits, geographic restrictions, administrative requirements, tariffs, and inspection costs may discourage small-scale traders from leaving informal trade routes. A pilot involving 100 traders will test the regime, […]
Liberal MPs shut down a Conservative attempt to have the House of Commons ethics committee investigate the government’s plan to turn unsold condos into affordable housing in British Columbia.
AI, AMC, Analytic, Equity, Correspondent Products; Lennar’s Lawsuit; Oil Hits Rates (Again) STRATMOR Group has opened participation for its 2026 Compensation Connection® Study, providing mortgage-specific insights into compensation components, incentive plan structures, compensation percentiles, and more. (Compensation Connection focuses exclusively on mortgage banking, with benchmark comparisons by lender type, size, region, and national […]
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During my seven years of working in the bridal space, I’ve helped countless people find their dream wedding dresses. Such a big purchase can offer a sigh of relief, and it’s a big check off the wedding-prep to-do list — but it can also come with unnerving feelings. Here are seven of the biggest mistakes […]
Statement Why frontier AI matters for firms Artificial intelligence (AI) continues to evolve rapidly. Frontier AI models represent a step-change in capability, with significant implications for cyber security and operational resilience. The cyber capabilities of current frontier AI models are already exceeding what a skilled practitioner could achieve, and at a significantly higher speed, greater […]
News release The Prudential Regulation Authority (PRA) has today announced plans to consult on reforming rules around shared operational services for ring-fenced banks. Any bank that has over £35 billion of core deposits and undertakes material investment banking activity is subject to the ring-fencing regime, which was introduced in 2019 as a post-financial crisis reform. […]
Vistry Group, one of Britain’s largest housebuilders, has announced it expects to make a £30m loss in the first half of the year after implementing significant discounts to clear unsold housing stock. The company’s shares fell 8% following the announcement, which also revealed the departure of its finance director. The firm had £600m worth of […]
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Luxury real estate brokerage Douglas Elliman Inc. is betting artificial intelligence can expand its business beyond buying and selling homes. Processing Content On Wednesday, Douglas Elliman announced a companywide AI overhaul, saying it will launch a new business, Elius, that aims to turn decades of proprietary real estate data into AI-powered products and market intelligence […]