Vietnam’s VinSpace signs launch contract with SpaceX for 2027

Remortgaging continued to underpin mortgage market activity in August despite a wider seasonal slowdown, according to the latest Mortgage Market Snapshot from Twenty7tec. A total of 1,556,758 mortgage searches were completed during August, representing a 13% fall from July but a 1% increase compared with August last year. Residential mortgage searches followed a similar pattern,…

The AI Trade Faces A Final Flush Lower, I'm Buying It

Overall foreclosure prevention activity slowed at Fannie Mae and Freddie Mac this spring, just ahead of a transition to shorter allowable forbearance periods and more reliance on loan modification. Processing Content The government-sponsored enterprises (GSEs) completed 17,201 foreclosure prevention actions during the month, representing an 8.7% drop from March’s 18,835.  “Foreclosure prevention actions decreased in…

As much as Rs 86,917 crore of unclaimed bank deposits was lying with the Reserve Bank of India’s Depositor Education and Awareness (DEA) Fund as of June 30, with State Bank of India accounting for nearly a fourth of the total, Minister of State for Finance Pankaj Chaudhary informed Parliament on Tuesday.   …

Residential mortgage lender Gen H has updated its affordability assessment model to allow buyers of new-build homes to borrow more. Gen H has lowered its living cost assumptions, and this change to the affordability calculation lets buyers borrow a bit more for very energy-efficient homes. The lender said it reflected the lower energy costs…

Key Points Reddit’s advertising business has exploded. AI investors believe it has potential in data licensing. The company is embroiled in a standoff with Google over content licensing. 10 stocks we like better than Reddit › Reddit (NYSE: RDDT) may be the most intriguing AI stock on the market. Unlike semiconductors, software companies, or hyperscalers,…