Gibson suit plaintiffs can notify MLSs about settlement data duties

I am a summer Grinch. I do not thrive in warm weather. I do not have the funds for extravagant vacations. Perhaps the thing I like least about summer is that my family’s sense of routine is disrupted. My two kids, 10 and 12, are spending several weeks of the summer in day camp, but…

Key insight: As written, new capital standards for U.S. banks fail to account for the additional risk posed by many home loan clients who obtain second mortgages. Fixing the problem will significantly reduce the rule’s benefit to banks. What’s at stake: The new capital standards create incentives to move second liens off bank balance sheets…

Verizon signed an over $1 billion artificial intelligence (AI) infrastructure deal with Google, and the company expects to sign several similar deals by the end of the year, Verizon CEO Dan Schulman said Friday (July 24) during a second quarter earnings call. In the recently signed agreement, Verizon dark fiber will be used to connect Google’s data centers….

by Calculated Risk on 1/07/2026 07:00:00 AM From the MBA: MMortgage Applications Decreased Over a Two-Week Period in Latest MBA Weekly Survey Mortgage applications decreased 9.7 percent from two weeks earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 2, 2026. The results include an…

Applied Digital: The 37% Drop Doesn't Get Me Excited

Zohran Mamdani is filling the seven-month void at one of the city’s most critical business agencies with a political veteran intimately familiar with the workings of New York City government. Mamdani will name McKinsey & Co. partner Anthony Shorris as the president and chief executive officer of the Economic Development Corporation, Crain’s reported. The official…