Former MIC operator pleads guilty in $5.3-million scheme
The OSC says roughly 30 Ontario investors provided funds to Altmore Mortgage Investment Corporation believing the money would be invested in mortgages and other real estate-secured loans.
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Corn Slipping Back in Tuesday Morning Trade
Corn prices are down 1 to 2 cents as the trade kicks off Tuesday trade. Futures closed the Monday session slipping back from the highs, rounding out trade with 2 to 5 ½ cent gains. Open interest was up 8,606 contracts on Monday, suggesting new buying. The CmdtyView national average Cash Corn price was up a…
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Number of company landlords accelerates past record high – Mortgage Strategy
Nearly 14,000 new landlord businesses were registered in the first five months of this year, analysis of Companies House shows. Last year, the number of registrations of new buy-to-let businesses hit a record high of 34,128, according to research by specialist insurer Just Landlords. This was almost 70% higher than the five-year average of 23,549…
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Trump tariffs could reopen door to Bank of Canada rate cuts: BMO
BMO expects the Bank of Canada to remain firmly on hold this year, but says worsening trade relations with the U.S. could put rate cuts back in play.
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Strength in Chipmakers Boosts Stocks
The S&P 500 Index ($SPX) (SPY) today is up +0.64%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.47%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.58%. September E-mini S&P futures (ESU26) are up +0.62%, and September E-mini Nasdaq futures (NQU26) are up +1.58%. Stock indexes are climbing today as Monday’s rebound in chipmakers and AI-infrastructure…
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ICICI Bank eyes $500 million dollar bond issue via GIFT City
ICICI Bank is close to raising at least $500 million through five-year dollar-denominated bonds as it looks to tap the Reserve Bank of India’s concessional dollar-rupee swap facility, sources familiar with the matter said. The bonds would be raised under SEC’s144A rules that allows companies to raise capital rapidly from Qualified Institutional Buyers (QIBs) in…
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Want to Buy the World? This ETF Lets You Own 10,000 Stocks
Buying a diversified portfolio of many different stocks is often a good choice for long-term investors. But what if you could (almost literally) buy “all the stocks in the world”? A popular Vanguard exchange-traded fund (ETF) lets you do just that. The Vanguard Total World Stock ETF (VT +1.23%) is one of the simplest, lowest-cost…
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Stellar speaker line-up for MIT Live 2026 – Mortgage Strategy
Mortgage Strategy is delighted to confirm speakers for its Mortgage Innovation & Technology Live 2026 event on Tuesday 13 October. The conference will bring together some of the most respected leaders from across the mortgage and protection industry for a day of practical insight, collaboration, and forward-thinking discussion. Delegates will hear from experts representing lenders,…
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House Hunters Value Clean Air in Their Homes More Than Views and Other Luxuries
36% of U.S. residents who plan to move within the next year say a clean home with high-end filtration systems for air, water, etc. is one of the most important features when it comes to their next home. That makes it the most common priority for house hunters, along with security systems, per a recent…
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Chicago Ranks No. 3 For AI Job Growth As Office Market Stands To Benefit
The number of roles tied to artificial intelligence is picking up in the Chicago market, with companies’ bets on new hires potentially bolstering the city’s office market in the coming years. Hiring momentum for AI-related roles has picked up in the Windy City: Chicago trailed only New York City and San Francisco for year-over-year increase…
