Offerpad tightens buying criteria amid housing slowdown
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Microsoft pulls out of UK data center deal with Nscale, Telegraph
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Providence agrees to buy Hometrack
Private equity firm Providence Equity Partners has agreed to acquire property data and analytics firm Hometrack. Hometrack provides data to help lenders assess and value residential assets to support underwriting decisions. It services 16 of the UK’s top mortgage lenders and provides digital infrastructure to firms to speed up processes. Providence will work with Hometrack’s management…
J. Stern & Co to merge Swiss operations with bvo capital
The transaction remains subject to approval from Swiss regulator FINMA. Credit: Mameraman/Shutterstock.com J. Stern & Co. has agreed to combine its Swiss operations with Geneva-based asset manager bvo capital. After completion, J. Stern & Co. will manage more than $2.8bn in assets. That total includes more than $2.3bn in its flagship World Stars Global Equity…
Blog: Rising credit card debt puts second charges in sharper focus – Mortgage Strategy
The latest consumer credit figures should give mortgage brokers plenty to think about, as according to the Bank of England, UK consumers net borrowing through credit cards was £1.2bn in August, up from £0.9bn in July. Net borrowing through other forms of consumer credit (such as car dealership finance and personal loans) increased to £1.3bn…
Trump student loan changes may spike bankruptcy filings: Former judge
A sign points to the U.S. Bankruptcy Court in Lower Manhattan, New York City. 400tmax | Istock Unreleased | Getty Images In Judge Sarah Sharer Curley’s nearly three decades presiding over bankruptcy cases, some were especially painful to witness, she said — such as the 73-year-old woman who stood before her in 2012 with a…
U.S. Bank keeps foreclosure after borrower’s loan modification paperwork falls short
The case followed a path anyone in default servicing would recognize. It was stayed in October 2024 for loss mitigation. The plaintiff was substituted to Select Portfolio Servicing in February 2025, then to U.S. Bank Trust National Association – as owner trustee for RCAF Acquisition Trust – in September 2025. Representing herself, the homeowner missed…
