Former FHA Chief Frank Cassidy on JPMorgan housing pledge

Home prices rose 0.3% in June, tied with May for the fastest growth since the start of 2026.  Prices rose 3% on a year-over-year basis–the fastest growth rate in 10 months.  Prices rose in 30 major metros month over month, with the biggest increases in Columbus (1.2%), Miami (1.1%) and Cincinnati (1%).  This is based…

The 8th Pay Commission was constituted on 3 November 2025, after receiving initial approval in January 2025. Ranjana Prakash Desai was appointed the chairman of the Commission, along with Prof Pulak Ghosh and Pankaj Jain, as part-time members and member secretary, respectively. The Commission has been given 18 months by the government to consult with…

A record $166 billion of domestic institutional inflows over the past 22 months has transformed the ownership of India’s stock market. Domestic institutional investors now hold 21% of the Nifty 500—an all-time high—compared with 17% for foreign institutional investors, signalling that Indian equities are increasingly being driven by domestic rather than overseas capital, according…

The increase in monetary thresholds for filing tax dispute appeals at ITAT, high courts, and the Supreme Court has led to about ₹16,690 crore reduction in disputed tax demand, Parliament was informed on Monday. In a written reply to the Lok Sabha, Finance Minister Nirmala Sitharaman gave details of the total number of…

More than half of aspiring homeowners doubt that they will ever get onto the housing ladder, new research has found. The latest annual survey by HomeOwners Alliance (HOA) reveals that the proportion of non-homeowners who aspire to get on the housing ladder has risen from 64% in 2025 to 73% this year. However, it found…