Single-family construction slump worsens in June

UPI payments are set to see a change in the way certain merchant transactions are charged, with the National Payments Corporation of India (NPCI) introducing a 0.4% Merchant Discount Rate (MDR) on eligible person-to-merchant payments above Rs 2,000. UPI Payments New Rules: 0.4% MDR Above Rs 2,000, The change does not mean that customers will…

Wells Fargo has expanded its agreement with Intercontinental Exchange and will bring its full home loan servicing portfolio onto MSP, the technology platform acquired from Black Knight. Processing Content The bank said it did not have anything to add beyond what was in the press release from ICE. But the agreement expands upon a relationship…

The East North Central division led at 4.5%; the Pacific division barely cleared flat, appreciating just above 0.0%. Rate lock keeps the market on hold The Case-Shiller 20-City Composite posted a 2.1% year-over-year gain for June, matching the FHFA’s national reading. Chicago extended its run at the top for the fourth consecutive month with a…

A 25-basis-point hike – which would follow a quarter-point increase when the Fed last met – could have significant consequences for mortgage holders and shoppers. “For prospective homebuyers, the hotter-than-expected reading raises the likelihood of another Federal Reserve rate hike in October, potentially delaying much-needed mortgage-rate and affordability relief,” First American senior economist Sam Williamson…

Nicole Ferrara, PhD, will investigate how social deprivation alters amygdala development and social behavior during adolescence NORTH CHICAGO, Ill., Sept. 24, 2026 /PRNewswire/ — Nicole Ferrara, PhD, a neuroscientist and assistant professor of physiology and biophysics at Rosalind Franklin University of Medicine and Science (RFU) secured a five-year, $2.3 million grant from the National Institutes…

MERA has completed a £6.1m equity release refinance on a serviced office building near Chancery Lane, London, enabling the owner to proceed with a separate commercial acquisition. The transaction was structured in partnership with mezzanine lender Martley Capital. The approximately 10,000 sq ft property, divided into sixteen individual office suites, is fully let and was…