GSEs' futures to remain uncertain, possibly for years: KBW

This week, New York is reflecting on where it has been and where it has come in 25 years.  The occasion is, of course, a somber one. It has been a quarter-century since the September 11 terrorist attacks.  Lower Manhattan has changed tremendously, by necessity.  A report released this week from state Comptroller Thomas DiNapoli…

Only 50% of homes that leave estate agents’ books in the UK are progressing to exchange and completion, according to market data analysed for week 27 of 2026 by Rob Smith, managing director of Hunters, Northwood and Whitegates at The Property Franchise Group. The figures reveal that in June 2026, 66,200 exchanges were recorded whilst…

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The Bascom Group has acquired a 183-unit apartment complex in Orange County, Calif., as the company expands its multifamily holdings this year in the Western U.S. The Irvine, Calif.-based investment firm put down $53.1 million for Castlewood Park Apartments in Buena Park. The deal is equal to about $290,200 per unit. SEE ALSO: Centaur Sells…

1.15M Mortgages renewing in 2026 The Canada Mortgage and Housing Corporation projects 1.15 million mortgages will renew in 2026, the largest concentration in recent history. 44.66% Past-client referrals Down Fell from 56.28% in 2025 as realtor referrals climbed to a three-year high of…

Cumberland's Monday Memo