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Processing Content Key insight: The FDIC is adopting a two-phased process, allowing new banks that satisfy requirements to receive an interim approval within 120 days of applying. Expert quote: “A healthy pipeline of new entrants is critical to the long-term vitality of the banking sector, particularly for community banks.” —Travis Hill, FDIC chair Forward look:…
July was one of the housing market’s best months, on paper at least, as home sales rose 7% from a year earlier, the biggest yearly gain of 2026. But Zillow said that number is, in reality, a snapshot of the past. According to Zillow, the sales that closed in July were mostly deals struck weeks…
As the housing market enters the summer doldrums, with would-be buyers weighed down by rising borrowing costs and distracted by vacation plans, real estate agents are getting increasingly creative to drum up interest. Today’s real estate professionals are turning to marketing methods that go far beyond a lone balloon tied to an open house sign…
CapitalRise has provided a £5.5 million senior development loan for the acquisition and redevelopment of a townhouse on Chapel Street in Belgravia. The finance will convert an uninhabitable property into a five-bedroom family home. The townhouse, which extends to approximately 3,500 square feet across six floors, has remained unoccupied and unmaintained for several years. The…
This as-told-to essay is based on a conversation with Lawrence Guerguis, a 24-year-old based in Orange County, California, who started investing in real estate in the Midwest while still in college. The following has been edited for length and clarity. I always thought I’d go into investment banking and work on Wall Street. During my…
Blockchain industry organization The Digital Chamber filed a lawsuit Tuesday (July 21) asking the court to halt the state of Illinois’ planned tax on digital asset business activity. The tax will harm The Digital Chamber’s members, who are already incurring costs as they try to comply with the new law before it takes effect in…