Record home prices mask ‘multiple housing cycles’ fragmenting U.S. market

CHL Mortgages has expanded its bridging proposition for a wider range of adverse credit histories and introduced automated valuation models (AVMs) for eligible properties. Applications involving unsatisfied county court judgments (CCJs), debts, and secured and unsecured arrears – subject to underwriter assessment – will be considered by CHL Mortgages. Rates start at 0.7% per…

Corpay said Tuesday that it has introduced Agent Card, a capability that allows AI agents to generate controlled virtual cards for approved business transactions. The move marks the latest step in the corporate payments group’s artificial intelligence roadmap. The company explained in a press release that the tool enables secure virtual card creation for AI-driven…

News Updated: Wednesday, August 5, 2026, 11:37 [IST] The actor-turned-politician, C. Joseph Vijay, aka Thalapathy, has presented his budget for Tamil Nadu as chief minister on August 5, 2026. He marked his presence along with his Tamilaga Vettri Kazhagam (TVK) government on the first day of the state legislature’s assembly session. This is also TVK’s…

Now that use of artificial intelligence is closer to critical mass, industry collaboration could help remove considerable costs related to moving data from physical collateral documents as mortgage assets trade, according to the Housing Policy Council. Processing Content HPC estimates that the lack of advanced technology for exchanging collateral data from documents costs the market…

In a sign of how frothy the commercial real estate in Miami’s wealthy enclaves has become, a 44-year-old office building just sold for a 31% price increase in less than a year. Photo credit: Google Maps The office building at 3250 Mary St. in Coconut Grove Azora Private Solutions and Vizcaya Capital sold 3250 Mary…

BMLL, the independent provider of harmonised historical market data and analytics for capital markets, has appointed Brad Hunt as Chairman of the Board, the company announced on 29 July 2026. The move is aimed at accelerating global growth following Nordic Capital’s acquisition of the firm in October 2025. Hunt brings 30 years of experience building…