CDBG to shoulder supply crisis in housing bill overhaul

Key insight: A coalition of state attorneys general is asking federal banking regulators to reject Enova’s proposed acquisition of Grasshopper Bank and OppFi’s proposed purchase of BNC National Bank’s holding company.  What’s at stake: The attorneys general warn that if the nonbank lenders are able to buy banks, they could bypass state usury laws and…

In A Nutshell: Rates drifted higher last week following Fed Chair Warsh’s press conference and could remain volatile as oil prices drop on hopes of Iran peace talks and markets absorb the latest jobs market data. Upcoming Attractions The first week of the month always brings a slew of labor market data, including the all…

The pace of rising home insurance premiums continued to moderate in the first half of 2026, as the share of homeowners who saw lower policy renewal rates rose, according to an industry analysis published Thursday. Premiums for new policies were 5.9% higher than the first half of 2025, down from 8.1% growth a year ago…

Specialist bridging and development finance lender Pallas Capital has recruited Darren Rix has its head of credit risk, bringing 37 years of banking experience to the role. Rix’s work history includes 28 years in retail banking across corporate real estate and credit risk, through senior roles at Barclays, Bank of Scotland and Santander. He then led a project…

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…