HECM endorsements fall 6.7% in September, HMBS down 17%
Similar Posts
India’s inflation rises to 4.82% in August, just above forecasts
India’s consumer price inflation rose to 4.82% in August from 4.45% in July, adding to pressure on the country’s central bank to raise key benchmark rates. The headline inflation number was slightly above economists’ expectations for a 4.80% rise, according to a Reuters poll. Inflation has been on the rise for 10 straight months in the…
Food prices on the rise, domestic demand keeps economy strong
Kolkata: India has witnessed a broad-based sequential increase in food prices even as the recovery of southwest monsoon partly mitigates some of the risks the farm sector was facing, Reserve Bank of India’s (RBI) monthly state of economy report said. The overall economy continued to show resilience, backed by improved domestic demand, while the global…
RBI Governor Sanjay Malhotra urges lenders to accelerate AI spend | Finance News
By Anup Roy and Siddhi Nayak Indian lenders need to accelerate adoption of artificial intelligence by investing in technology and infrastructure besides training workers to upskill, central bank Governor Sanjay Malhotra said Tuesday. Malhotra, however, warned that wider AI use entails risks including biased or opaque decisions, along with data…
China Imposes New Tax Rules on Offshore Trusts
On July 24, 2026, China’s Ministry of Finance and State Taxation Administration issued landmark announcements that establish a comprehensive framework for imposing China’s individual income tax at a 20% rate on residents of China who transfer or have transferred property to or who receive distributions from offshore trusts (the New Rules). The issuance of the…
Redfin: Homebuyers Have More Options Than They’ve Had in 4 Years
Lance Murray A veteran journalist with decades of experience in both online and print publishing, Lance Murray is Senior Editor of MortgagePoint. Has many years of experience as an editor, writer, photographer, designer, and artist. Most recently, he edited and wrote for an innovation website and a group of real estate-focused magazines.
Barclays, Landbay and Keystone join rate cuts – Mortgage Strategy
Barclays is cutting rates by up to 50 basis points tomorrow, while Landbay has made reductions of up to 35bps. When Nationwide Building Society dropped prices earlier this week on the back of lower swaps, brokers were hoping other major lenders would follow suit, however there have been moves in both directions. Halifax was among…
