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The numbers tell a blunt story. In 2000, lenders originated roughly 1.08 million home purchase mortgages to applicants with credit scores between 601 and 660. By 2024, that figure had plunged to 293,000, a 73% drop that Pew says cannot be explained by improvements in the broader population’s credit profile. From 2005 to 2024, the share…
When Donald Trump led the Trump Organization, he licensed his name to developer Tamir Sapir for the 46-story Trump Soho hotel-condo. That was two decades ago. Sapir died in 2014. Trump’s serving his second term as president after putting his real estate assets in a trust during his first stint in office. Now, the firm,…
Let’s be honest about what’s actually happened here. The Financial Conduct Authority’s (FCA’s) CP26/18 landed weeks ago. It closes on 28 July. And most advisers reading this still haven’t opened it, because somewhere in your head, it filed itself under ‘lender stuff’ and got parked. That is a mistake. Not a small one either….
(COMBO) In this combination of files pictures created on December 2, 2025, Brazil’s President Luiz Inacio Lula da Silva speaks during a press conference at the COP30 UN Climate Change Conference in Belem, Para state, Brazil, on November 19, 2025, and US President Donald Trump speaks during a Cabinet Meeting in the Cabinet Room of…
Keystone Property Finance has added special-edition house in multiple occupation (HMO) and multi-unit freehold block (MUFB) products to its range, in a refinement of its buy-to-let (BTL) offering. The new range is priced 0.15% lower than its core products, with rates starting at 3.34%. Keystone Property Finance has also simplified its fee structure, and now…
The Chetrit Organization is holding onto its Midtown office building through a creative transfer. After a foreclosure case and $65 million in defaults threatened its control of 404 Fifth Avenue, the Chetrit Organization purchased the debt at a discount. The firm, run by Juda and Michael Chetrit, then followed up with a foreclosure sale against…