RECAP: How the Fed reached its latest rate decision
Reaction from Fed chair Kevin Warsh and from across the mortgage industry
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Gold price analysis today: Futures retreat from $4,119 as a new decision zone forms
Gold price analysis today: Futures retreat from $4,119 as a new decision zone forms !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
States Expand Guardrails on AI Use in Health Insurance Decisions
State legislatures are rapidly moving beyond broad artificial intelligence governance to regulate one of AI’s most consequential applications: health insurance coverage determinations. According to a new analysis from Sheppard Mullin’s Healthcare Law Blog, lawmakers are increasingly permitting insurers to use AI to streamline prior authorization and utilization review while drawing a firm line against allowing…
Zillow: Removing an Archaic Construction Rule Could Help Solve Housing Crisis
The recently enacted 21st Century ROAD to Housing Act removed a construction rule that imposed thousands of dollars in unnecessary costs to manufactured housing since 1974, according to Zillow. The act removed the requirement that manufactured homes be built on a permanent steel chassis, a change expected to cut $5,000 to $10,000 from the cost…
US SEC Clears Legal Path for UBS Crisis-Resolution Plan
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Stocks Settle Mixed as AI Angst Offsets Easing Geopolitical Tensions
The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.02%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.51%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.32%. September E-mini S&P futures (ESU26) rose +0.02%, and September E-mini Nasdaq futures (NQU26) fell -0.33%. Stock indexes settled mixed on Monday, with the Dow Jones Industrial Average posting…
Mortgage rate volatility demands strategy over perfect timing
The broker’s shift from rate quoter to strategist The advisor role in this industry has never mattered more than it does right now. Borrowers are flooded with headlines about inflation, tariffs, employment data, and Fed policy, and much of that information is incomplete or contradictory once you apply it to a single household situation. One misconception I…
