Verification, HELOC, Non-QM Broker Products; RESPA Thoughts; Redwood Trust 2x Production Does innovation in lending always means building something new? MISMO’s President Brian Vieaux challenges that familiar assumption, instead, he argues that some of the industry’s greatest opportunities lie in eliminating outdated processes that add friction without adding value. Read why the future…
Concerns about the price of food and groceries contributed to a decline in consumer confidence in July, according to The Conference Board. The organization’s Consumer Confidence Index decreased by 1.4 points to 90.8 this month, down from an upwardly revised 92.2 in June, according to a Tuesday (July 28) press release. The Present Situation Index, which measures…
Nottingham Building Society has promoted four members of its intermediary sales team as it plans new product launches for the second half of the year. The mutual says the changes are designed to strengthen its support for clubs, networks and key account partners. Samantha Watts has been appointed as national account manager on a six-month…
How the beverage giant capitalized on the biggest sporting event in the world.
An Employees’ Provident Fund Organisation (EPFO) subscriber has won a case before a consumer commission after proving that he was paid less than the Employees’ Pension Scheme (EPS) withdrawal benefit he was legally entitled to because of an error in EPFO’s calculation. The ruling is significant for EPFO members as it underlines…
Triangle Equities is looking to cash out on the residential portion of its Lighthouse Point development on the Staten Island waterfront, after years of construction delays, a contractor bankruptcy and pandemic-era setbacks. The developer is eyeing $45 million for the leasehold interest in the 115-unit apartment building at 5 Bay Street in the St. George…
A Brooklyn developer is moving ahead with plans for one half of its recent acquisition in the Financial District. Wolfe Landau’s Watermark Capital Group filed plans last week with the Department of Buildings for a mixed-use development at 78 Pearl Street, an empty lot sandwiched between two buildings. The developer is eyeing a 39-story property…
Jefferies cuts Hertz stock price target on lower used car values
Classroom Published: Tuesday, July 28, 2026, 18:41 [IST] Lakhs of Employees’ Provident Fund (EPF) subscribers might have unknowingly forgotten to update their EPF account and may have funds sitting in their inoperative accounts. As per a recent response by the government in Rajya Sabha, a total of Rs 9,330.56 crore fund remains parked in inoperative…
Julie Masino is calling it quits as CEO of Cracker Barrel after a year defined by a rebrand gone wrong. Masino took over in 2023 and pushed a modernization plan, including dropping the chain’s “old timer” logo, which featured an old man leaning against a barrel. The redesign triggered a fierce backlash last summer, with…