‘Godfather’ of RTL securitizations breaks down Velocity’s $63M Toorak deal
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For the first half of 2026, net income reached $47.0 million, up 28% year over year. “We continued to grow our business to deliver improving returns to our shareholders while navigating uncertainty in the current geopolitical and economic environment,” said Derek Sutherland, CEO of MCAN. “We benefited from residential mortgage renewals which enhance our returns…
“Banks seem to be panicking about the direction of mortgage rates and prophylactically raising rates, even if they don’t have to, just to get out of the fray,” she said. “We’re going back to a period like in 2022, when rates went up precipitously, and we saw some lenders going out of the market.” Brian…
European stocks fall at the open as oil surge and higher bond yields hit sentiment !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
This as-told-to essay is based on a conversation with Thalles de Souza. It has been edited for length and clarity. In March 2016, on a Sunday morning, police entered my house, shouting and shooting. At only 13, I woke up screaming, not sure of what was happening. When I walked into the kitchen, I was…
This article was written by Follow Financial analyst by day and a seasoned investor by passion, I’ve been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high quality dividend stocks and other assets that offer potential for long term-growth…
Affiliated Development has closed on a $74 million construction loan with Pacific Life Insurance Company for The Cove, a mixed-use, mixed-income multifamily development on the northwest corner of Sunrise Boulevard and Federal Highway in Fort Lauderdale. Just over half of the 374 units will be restricted to families earning 120% of the Area Median Income….