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Newcastle Building Society increased gross mortgage lending to £623m in the first half of 2026, up from £570m a year earlier. The mutual reported net core residential lending of £289m for the six months to 30 June, compared with £156m in the same period last year. Total mortgage balances increased by £235m to £5.9bn….
Estate planning and trust strategies provide huge benefits to clients, but financial advisors can only maximize their value if they understand the bigger factors surrounding them. Processing Content The historical and often personal experiences of African Americans with wealth and finance offer advisors — and other wealth, tax and estate-planning professionals — an important example of…
Restaurateurs Danny Abrams and Cindy Smith are making a splash on the Upper West Side. The couple and co-founders of New England-style seafood spot Mermaid Inn have selected 61 West 74th Street for their next venture, Commercial Observer has learned. Abrams secured the 2,300-square-foot lease, plus a basement space, at $130 per square foot, according…
In the second quarter, private mortgage insurers wrote 21% more new business versus the first quarter and 17% more than one year prior, data aggregated by Keefe, Bruyette & Woods found. Processing Content After the reporting season ended, Bose George raised the earnings targets on four of the five companies he followed, Radian being the…
Edelman Financial Engines is appealing a judge’s decision to dismiss its lawsuit against Mariner Wealth Advisors, intending to bring the case to the federal appeals court. Edelman Financial Engines’ attorneys on Thursday filed that they intended to appeal the case to the Tenth Circuit Court of Appeals to overturn the judgment by Kansas Federal Court…
Grid Properties batted away concerns around the mortgage backing Harlem USA last year. Time will tell if owner Drew Greenwald feels the same way this time around. The $108 million mortgage backing the 250,000-square-foot shopping center was transferred to special servicing, Crain’s reported, citing a report from Morningstar Credit Analytics. The reason for the transfer…