Loss severity calculus shifts as recent vintage loans struggle

Four priority areas CHLA’s letter centered on four areas: TILA-RESPA Integrated Disclosure (TRID) modernization, Qualified Mortgage points-and-fees revisions, risk-based supervision for smaller independent mortgage banks, and restricting loan originator compensation rules to transactions between firms. On TRID, CHLA proposed a bona fide financial emergency waiver letting consumers voluntarily skip waiting periods during genuine emergencies. The…

New Week. Same Old Story Mon, Jul 20 2026, 3:53 PM While we certainly CAN put short term market movement under a microscope and entertain various potential sources of motivation, it’s just as good to take a few giant steps back and observe the bigger picture trend. When we do, we see…

Spain records 61 heatwave days in 2026, highest on record

News Updated: Wednesday, August 5, 2026, 11:37 [IST] The actor-turned-politician, C. Joseph Vijay, aka Thalapathy, has presented his budget for Tamil Nadu as chief minister on August 5, 2026. He marked his presence along with his Tamilaga Vettri Kazhagam (TVK) government on the first day of the state legislature’s assembly session. This is also TVK’s…

A five-bedroom estate in Manalapan, FL, offering the unique “opportunity to renovate, expand, or create a new custom estate” has just hit the market for an eye-watering $95 million. The 2.69-acre property spanning the Atlantic Ocean to the Intracoastal Waterway has splashed to the top of the week’s most expensive homes list. Built in 1989,…

Smoke rises from a fire at a large warehouse storing car tires and wheels following a Russian strike in the Bucha district on August 29, 2026 in Kyiv, Ukraine. Libkos | Getty Images News | Getty Images Russia’s Defense Ministry said it is planning “massive strikes” on Ukraine’s energy infrastructure, days after launching a devastating…