Fannie Mae sharply raises mortgage rate forecast through mid-2027

The common perception of elite level, world class boxers is that they ooze confidence. While confidence is important, there is a clear line between being confident and reckless. When I was trading punches under the bright lights in fights around the world, there were moments where my mind would release a surge of confidence. That…

The clearest evidence of LendingClub’s new incarnation into a full-scale digital bank can be measured not merely in another jump in personal loan volume, but what happened (pun intended) after borrowers arrived. Happen Bank ended the quarter with $10.8 billion in deposits, up 18% from a year earlier, as it pushed its LevelUp checking and…

Many investors today are grappling with a growing sense of discomfort. U.S. equity markets sit near all‑time highs, yet the broader backdrop is filled with legitimate concerns. Inflation remains elevated relative to recent decades. Interest rates are far higher than investors have become accustomed to since the global financial crisis. Geopolitical tensions persist, government debt…

More homes are hitting the market, but fewer buyers are purchasing them, giving house hunters an opportunity to negotiate prices and ask for concessions.  New listings rose 0.4% from a week earlier during the four weeks ending August 23 to their highest level since April. The total number of homes for sale rose 0.5% week…

HBK, a Canfield, Ohio-based tax and wealth management firm, has sold a stake to H.I.G. Capital, a Miami-based alternative investment firm with $75 billion of capital under management. The investment includes backing for HBKS Wealth Advisors, a registered investment advisor with $7.7 billion in assets under management, according to its latest Form ADV. H.I.G. said…

This as-told-to essay is based on a conversation with Alex Taylor, the 39-year-old cofounder of women’s health supplements brand Perelel. It has been edited for length and clarity. I landed in leadership roles very early in my career. At around 29, I became president and executive editor in chief of Clique, the media house that…