MBA’s Broeksmit pushes back on linking UWM with FHA fund

Prior was +57K (revised to +20K) Two-month net revision -103K May was +129K Unemployment rate 4.1% vs 4.2% expected Prior unemployment rate 4.2% Unrounded unemployment 4.0900% vs 4.1889% prior Participation rate 61.4% vs 61.5% prior U6 underemployment rate 7.9% vs 7.9% prior Average hourly earnings +0.1% m/m vs +0.3% expected Average hourly earnings +3.2% y/y…

DET said the alliance is intended to help global investors understand Dubai’s economic direction. Credit: Government of Dubai media office/ Julius Baer. Julius Baer (Middle East) has entered an agreement with Dubai’s Department of Economy and Tourism (DET) to help overseas investors, business owners and family offices set up or broaden their activities in the emirate.  The partners seek to create more…

“I don’t expect my marginal tax rate to be materially different in the future.”

Household financial stress may have led to more homeowners facing property foreclosures in the first half of the year, as lenders launched foreclosure proceedings over 20% more than in the first half of 2025.  Pexels/Tima Miroshnichenko More than 227,500 properties fell into some facet of the foreclosure process in the first six months of 2026,…

H&R Real Estate Investment Trust says it has agreed to sell all of its assets to GO Residential Real Estate Investment Trust for around $6.7 billion and a consortium of other companies, including U.S. private equity firm Blackstone Inc. H&R, one of Canada’s largest real estate investment trusts, says the deal includes a portfolio of…