Nexstar Media: Legal Overhang Creates Value Opportunity

Outward remittances under the Liberalised Remittance Scheme (LRS) for resident individuals grew 3.6 per cent year-on-year (Y-o-Y) to $2.39 billion in May 2026, driven by a surge in overseas investments, according to Reserve Bank of India (RBI) data.   The data showed that deposit-related remittances more than doubled to $118.12 million in May,…

The Federal Housing Finance Agency is slashing the budget of its internal watchdog in a move that immediately drew rebukes from Democrats. FHFA, led by Bill Pulte, said in a statement Wednesday that the agency’s office of the inspector general “was an extraordinary budgetary outlier” among federal agencies. It said it would give the office…

He is not saying his entire mortgage balance is wrong. The filing states he “does not claim that the entire amount of his mortgage balance constitutes damages merely because he disputes that balance.” What he alleges is narrower – the $2,606,506.60 figure is a specific disputed servicing and accounting matter that needs to be investigated,…

Pepper Money has cut mortgage rates across its residential range, including shared ownership Right to Buy and Help to Buy pricing. The lender said significant cuts had also been made to its two-year fixes.  Following the reductions, its residential rates up to 75% loan to value (LTV) now start from 5.3%, and shared ownership…