Better, Coinbase make token-backed mortgages broadly available
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Nonbank mortgage analyses point to how strategies must shift
Credit ratings and equity researchers are generally moderating their view of public nonbank mortgage companies as earnings get reported, but they foresee outlooks potentially stabilizing if they address certain market changes. Processing Content For one, while some origination volume numbers did get somewhat of a seasonal lift in and a bit of a reprieve in…
Scotiabank tops estimates on capital markets, international unit
Bank of Nova Scotia topped estimates on better-than-expected results at its capital-markets unit as it continues to benefit from elevated market volatility, while also outperforming in its international division and across the rest of its businesses. Processing Content The Toronto-based lender earned C$2.28 a share on an adjusted basis in its fiscal third quarter, according…
Robinhood to introduce crypto trading in UK
The service is due to start rolling out to eligible UK users this week. Credit: Piotr Swat/ Shutterstock.com. Robinhood is starting a crypto trading service in the UK through Bitstamp UK, allowing users to buy and sell digital assets in the same app used for stocks and shares ISAs, equities, options and futures. The service will be introduced with zero…
Headwinds, Cont’d
Headwinds, Cont’d Tue, Jul 21 2026, 5:06 PM “Headwinds, Cont’d” could be apply to the entirety of 2022-2026 or just March-July of 2026. But let’s just focus on today’s installment. For the second day this week, there wasn’t any stellar correlation between bonds and other markets, econ data, or news headlines. Still,…
Existing-Home Sales Continue Sideways Trend in June
Existing-home sales eased in June after reaching a six-month high in May, as modest changes in mortgage rates continued to influence buyer activity. According to the National Association of REALTORS®, sales fell 2.4% from May to a seasonally adjusted annual rate of 4.09 million, though they remained 2.8% above their level from a year earlier….
U.S. hits Canada with stiff new tariffs, escalating trade tensions
The Trump administration on Monday said it would slap 50% tariffs on some goods imported from Canada, in an effort to end what it sees as discriminatory trade practices by Ottawa against the U.S. automobile, dairy and alcohol industries.
