Zillow wins dismissal of RESPA claims in Flex referrals case

A performance measure for Federal Housing Administration-insured loans improved markedly in the past month, according to the latest numbers from Intercontinental Exchange’s mortgage technology unit. Processing Content New FHA defaults were down 15% over the previous year’s levels in June, marking the biggest decline in more than four years and potentially giving servicers more bandwidth…

Leah Zlatkin, a licensed mortgage broker at LowestRates.ca in Ontario, told Canadian Mortgage Professional earlier this year that “there’s no clear signal that rates are heading materially lower, and in some cases we’re already seeing lenders adjust pricing upward.” Spending pulls back as energy costs bite Consumer spending intentions edged down in Q2 2026, the CSCE…

SDC Capital Partners has signed a new office lease just south of Manhattan’s Union Square, Commercial Observer has learned. The global digital infrastructure investment firm is taking 22,531 square feet of office space at Savanna’s 799 Broadway, according to a source with knowledge of the deal. The lease seems to represent a minor relocation for…

Better late than never: Intel (INTC -8.02%) has officially joined the artificial intelligence (AI) infrastructure boom, with the company seeing its data center and AI segment revenue surge in the second quarter. Shares jumped in after-hours trading, but Intel gave back those gains after management acknowledged the company would meaningfully increase its capital expenditures (capex)…

Small UK lenders set to escape leverage ratio ratchet – Risk.net Skip to main content End of drawer navigation content BoE’s planned economic indexation of tougher prudential thresholds could ease capital planning Industry sources say the Bank of England’s commitment to automatically adjusting regulatory thresholds could eliminate uncertainty in small banks’ capital planning. “I’ve been…

The Securities and Exchange Commission today proposed the rescission of overly burdensome and costly rules that require companies to provide certain climate-related information in their registration statements and annual reports. The Commission’s proposal focuses on returning the agency to its core mandate – in line with its legal authority – and restoring a materiality-focused approach…