Modular housing fails to scale. Will policy reforms alter that?
The Treasury basis trade, as cynics like to say, is akin to picking up pennies in front of a steamroller. Except the pennies are getting harder and harder to find. Returns in the popular hedge fund strategy have dwindled to a few basis points, as large dealers muscle in on the trade. Many firms are…
Hedging, Data Mapping, BER Letter, PPE Tools; AI Ramifications; Atty. Mitch Kider Joins Big Picture Nearly every lender is at least learning about AI, but on the flip side there are things like New York’s ban on data centers. Lenders and vendors are not the only ones riding the tech wave, and no…
The Durst Organization said Wednesday that full-service law firm Nutter is expanding its office at 5 Grand Central East to 11,438 square feet. Nutter will take the entire 25th floor, in addition to renewing the existing office space on the 27th floor. “The Manhattan office leasing market is surging, especially for Class A spaces in transit-accessible locations…
Fintech lender Better shook up its leadership ranks Monday, with founder and CEO Vishal Garg stepping down from the top executive job and Daniel Lewis assuming the role of interim CEO. Garg founded the company, whose full legal name is Better Home & Finance Holding Co., in 2014. It is the parent of mortgage lender…
A pending merger between two Northeastern banks should increase borrowing opportunities for New England customers, thanks in part to the expansion of the company’s soon-to-be rebranded mortgage affiliate. Processing Content Massachusetts-based Hometown Financial Group, the parent holding company of three individual brands, announced it had reached a deal to acquire Primary Bank, a publicly traded…
A woman walks past war-themed graffiti and murals painted on walls along the capital Tehran’s streets and avenues as air defense systems are activated during the night while daily life continues in the shadow of rising military tensions between the US and Iran on July 22, 2026 in Tehran, Iran. Fatemeh Bahrami | Anadolu |…