Iran awaits US response to Hormuz peace plan as Trump reportedly rejects deal

Cincinnati, Ohio, ranked second on the strength of its financing accessibility. The city’s FHA four-unit loan limit of $1,041,125 covers more than four times the median multifamily listing price of $82,917 per unit, the lowest entry cost in the top five. Detroit, Michigan, followed in third place with an estimated gross yield of 14.3% and FHA…

Home prices are surging this month to their highest annual growth rate in 15 months, despite mortgage rates reaching an 11-month high, according to the latest data from Intercontinental Exchange. Processing Content The annual growth rate jumped from 1.3% in June to 1.7% in July, marking the fifth consecutive month of acceleration and the largest…

In her most specific rebuttal to date, Federal Reserve Governor Lisa Cook vigorously denied accusations of mortgage fraud in a formal response to the Trump administration, saying attempts to fire her “would ignore the facts and the law.” A letter sent by Cook’s legal representation on Wednesday to White House Counsel David Warrington contends that…

Key insight: Fincen has proposed a rule that would bar U.S. banks from working with Banque Misr’s Emirati branches. Supporting data: Suspected Iranian shadow banking moved roughly $9 billion through U.S. correspondent accounts in 2024 alone, according to Fincen. Forward look: The comment period on the proposal closes Oct. 1, and no comments had been…

Deloitte just became the latest company to face the consequences of President Donald Trump’s crackdown on DEI, or diversity, equity, and inclusion practices. The Big Four professional services firm agreed to pay $21.5 million to settle allegations that it violated rules against employment discrimination in its federal contracts, the Department of Justice announced Tuesday. The…