NYC office conversions face scrutiny after Pfizer HQ incident
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China is winning the war in the Middle East, and gold and the dollar will start to feel it, strategist says
China’s resilience in the face of the U.S.-Iranian conflict has one strategist saying that gold will be the big winner and the U.S. dollar the loser from the revolution in the world order.
City Council Member Is Accused of Blocking New Housing With $5M Demand
Developers in Buckeye, AZ, are eyeing a plan to build hundreds of affordable housing units in the city, but they say there’s just one problem: longtime local Councilman Tony Youngker. Youngker’s family homestead is sitting on a plot of land smack in the middle of the proposed 375-unit project, and its developer, Dominium, says Youngker…
CFPB pauses mass firing plan with new director nomination pending
Acting Director Russell Vought has paused a plan being challenged in federal court to fire two-thirds of employees at the Consumer Financial Protection Bureau (CFPB) so that his potential successor can weigh the proposed reduction in force (RIF) against agency needs. Notice of the restructuring pause emerged Thursday in court filings related to an ongoing…
Operational excellence in VA loans leads to executional excellence
Anybody can say they have low prices and great service. You have to prove it at every touchpoint. Most originators claim to offer low price, fast closings, and responsive service. But to actually do it the same way across hundreds of files takes discipline, systems, and leadership. The test is not your best month. It is whether you can give…
Nationwide to lower rates by up to 19bps – Mortgage Strategy
Nationwide Building Society is cutting by up to 19 basis points tomorrow. The lender’s latest round of reductions apply across its first-time buyer, home mover and remortgage ranges with its lowest fixed rate falling to 4.52%. The move has been welcomed by brokers as it follows weeks of rate increases across the market in response…
Bank of Canada surveys show war boosted inflation expectations, investment
(Bloomberg) — The war in Iran caused a spike in Canadian inflation expectations and is leading the country’s oil producers to boost their investment and production plans. Survey data released Monday by the Bank of Canada show businesses and consumers expected a quickening pace of price increases in the second quarter, coinciding with rising tension…
