Florida Agency Network expands CertifID use across closings
Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images A payments app from the makers of the crypto exchange Kraken is launching a cashback U.S. debit card, vying for a place in consumer wallets as crypto evolves from an asset class into infrastructure for mainstream financial products. The…
If AI really is coming for the software industry, which companies have the best chance of making it through? This has been on my mind again this week after the gruesome acquisition of Airtable. This former SaaS startup darling was valued at more than $11 billion during the pandemic tech boom in 2021. It sells…
National Bank of Canada recorded its strongest quarter for mortgage originations as growth through its branch and broker channels pushed residential balances sharply higher. The bank’s residential mortgage portfolio reached $89 billion at the end of the fiscal third quarter, up 14% from $78.1 billion a year earlier. Its HELOC portfolio grew 12% to $34.5…
As regulators increase their scrutiny of non-bank lenders, Canada’s alternative lenders are looking to ensure borrowers, brokers and especially regulators understand their distinction from private lenders. Dan Nguyen, Executive Director, CAMLA The Canadian Alternative Mortgage Lenders Association (CAMLA) laid out those differences in a recently published position paper intended to clear any confusion. “Our alternative…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Abel puts a big chunk of Berkshire’s cash to work In his second quarter as the new CEO of Berkshire Hathaway, Greg Abel…
Despite the best efforts of successive governments to complicate the picture – non-dom reforms, additional stamp duty, a tax environment that grows less welcoming with each passing Budget – the UK property market remains a global destination for capital. International investors continue to acquire UK property because of structural pillars that have remained fundamentally…