Iran says Hormuz reopening depends on U.S. meeting its conditions

Indigenous communities in Brazils remote Javari Valley say a lack of transport could stop voters reaching polling places for the Amazonas election runoff. The Amazonas state electoral court rejected a request for transport assistance from Univaja. The vote includes a presidential contest between Luiz Inacio Lula da Silva and Sen. Flavio Bolsonaro. News Updated: Wednesday,…

Odeta Kushi (pictured top), deputy chief economist at First American, said the housing market’s underlying fundamentals are more favorable than the rate-driven noise suggests. “I’ll go back to our analogy, which is really that it’s the tide that matters,” Kushi told Mortgage Professional America. “There’s a lot of short-term volatility that we see, and there’s…

New York City is a blue town when it comes to politics. And that’s making for an uncomfortable tension for real estate donors.  Two recent stories highlight this dynamic: First, residential broker Jason Haber and the team behind the American Real Estate Association have launched a new organization that will be trying to raise political…

Specialist lender Rely has completed a £2.4 million multi-unit freehold block (MUFB) remortgage for a portfolio landlord in Northumberland, secured against a 55-unit residential property valued at £3.2 million. The transaction involved refinancing a fully refurbished residential block held on a single freehold title. The borrower, described as an experienced portfolio landlord with existing relationships…

Summary: A tanker was struck by a projectile off Oman while transiting a US-protected lane, according to UKMTO, even as Pakistan’s Interior Minister Mohsin Naqvi reported significant progress in talks with Iranian leadership; oil eked out a small gain on the session Gold pushed above $4,690, approaching resistance near the $4,700 round number, before dropping…