Mortgage Underwriting Blind Spot Is Homeowner Concentration Risk

Describing the current economic moment as “a time of great consequence,” Kevin Warsh took the podium in Jackson Hole, Wyo., at his first major speech as Federal Reserve chairman and cautioned that progress toward the U.S. central bank’s inflation goals has stalled. “We must be confident that underlying inflation is moving to our objective clearly…

US Treasury Secretary Scott Bessent made a fresh attempt to rein in long-term borrowing costs from multi-year highs, sending Treasury yields and the dollar down. Processing Content Just two weeks after releasing its planned schedule for buybacks this quarter, the Treasury Department on Wednesday said it’s “increasing, by at least double, the size of liquidity support buyback…

Wealth management firms are being asked to support more assets, deliver greater personalization and provide clients with increasingly real-time experiences. But behind the scenes, many investment teams are still operating across disconnected portfolio management, trading, CRM, accounting, compliance and reporting systems. As artificial intelligence moves from copilots and chatbots toward agents that can actually perform…

Paramount+ is bulking up before its marriage with HBO Max. Paramount Skydance is preparing to launch new streaming features designed to drive engagement and increase revenue from viewers as it finalizes its $110 billion acquisition of Warner Bros. Discovery. The deal will give Paramount control of HBO Max and Discovery+. These changes are the latest…

S&P 500 technical analysis as week ended less than 1% lower than ATH just shy of 7850 !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}

By Sammy Hudes That’s down 4.3% from June 2025, marking the 21st consecutive month of year-over-year declines, according to the latest monthly analysis from Rentals.ca and Urbanation, which is based on asking rents across the former’s listings network. It’s the lowest average price for June in four years. The report also said rents have declined…