Meet Generation Renter — young Americans who don’t expect to ever own a home

LendInvest has completed its eighth residential mortgage-backed securitisation (RMBS) under its Mortimer programme. The transaction, Mortimer 2026-1 plc, was backed by a £265m portfolio of 1,240 UK prime buy-to-let (BTL) mortgage loans originated and serviced by LendInvest, with an additional £35m of pre-fund.  LendInvest said the transaction attracted strong demand from institutional investors and…

The crude oil price is now testing the $110 per barrel mark on September 11, 2026, despite falling from the previous day. Brent crude touched as high as $107 per barrel, and US WTI crude oil breached over the $102 per barrel mark, keeping the energy crisis very much alive for the global economy to…

Investors had an exciting April and May this year, when America’s S&P 500 stock market index rose 19.5%. But June was a quiet month, with the index losing 1%. The third quarter is likely to be similarly quiet as earnings catch up with the market, and the fourth quarter might be too. Market analyst Ed…

XTB Weighs SI Model; Bitpanda Fined XTB Weighs SI Model; Bitpanda Fined XTB Weighs SI Model; Bitpanda Fined XTB Weighs SI Model; Bitpanda Fined XTB Weighs SI Model; Bitpanda Fined XTB Weighs SI Model; Bitpanda Fined Today’s financial news recap covers XTB examines a systematic internaliser model, Bitpanda faces a Mica fine in Austria, and…

The office building at 655 N. Central Ave. in Glendale DivcoWest sold a Glendale office building at 655 N. Central Ave. for $70M, less than half of what it paid in 2017 for the 24-story, 542K SF tower.  The buyer was an LLC linked to West Covina-based property and asset management company Sunny Hills Management…