Recapture Rates Show Lenders are Losing Borrowers

National Pension System (NPS) investors reviewing performance on NPS Divas will find that returns have been weak over the past year. Category E (equity) schemes delivered an average return of –4.53 per cent, category C (corporate bonds) 4.60 per cent, and category G (government bonds) 2.60 per cent. Investors should assess whether this weakness calls…

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Rates and unsold inventory keep builders cautious The 30-year fixed-rate mortgage averaged 6.55% for the week ending July 16 up from 6.49% the prior week, according to Freddie Mac‘s Primary Mortgage Market Survey (PMMS). Odeta Kushi of First American says demographic demand and life events continue to support the housing market, even as higher…

When I found out I was pregnant with twins, I couldn’t imagine how completely my life was about to turn upside down. Not just because those two little hearts beating on the ultrasound would soon become two babies crying at exactly the same time, but because of the whirlwind my life was about to become….

Key insight: Parties trying to restrict stablecoin rewards have been relying on a trio of false claims that, despite public debunking, continue to be spread. Supporting data: Recent data from the FDIC indicates community loans have increased over the last year by 5.1%. Forward look: Banking trade groups should stop asking community banks to repeat…