UWM rating cut to B+ by Fitch after leverage spikes

A Tesla Cybercab drives in Times Square following an appearance in New York City, U.S., Oct. 27, 2025. Brendan McDermid | Reuters Tesla’s fledgling Robotaxi business teased fans with a post on X saying, “no steering wheel, no pedals,” a reference to the company’s forthcoming Cybercab driverless vehicles. Another post prompted riders to “try it…

Harworth said the transaction reflects continued demand for industrial and logistics strategic land. CRE Herald Market analysis, deal insights, and sector research trusted by fund managers, asset managers, and senior executives. Subscribe Now Login To Unlock The Content!   Previous articleApollo agrees to sell stake…

According to a new report from Consumer Finance Monitor, on July 13, the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), and the National Credit Union Administration (NCUA) released interagency guidance to remind the financial institutions under their supervision of their ongoing safety and soundness responsibilities when providing credit…

Marcel Stötzel, lead manager of the Fidelity European Trust (LSE: FEV), isn’t deterred by claims that Europe’s economic record and outlook are just as dismal as the UK’s. “Europe is plagued by poor demographics, low productivity and high government debt, none of which are getting any better,” he agrees. Economic output per capita is half…

Rocket Pro chief revenue officer Austin Niemiec, speaking to Mortgage Professional America at the RPX event, framed the Moving Squad as a matter of broker autonomy. “A broker’s superpower is choice and freedom, and we are hearing from more and more brokers that they want their independence back,” he said. Rocket claims more brokers moved…