New Fed chair could be bad news for mortgage rates

What followed was years of litigation against Central 1 and Grant Thornton arising from the same events. On February 29, 2024, UM commenced the action at issue, claiming $5 million for breach of contract, negligence, and misrepresentation. Its theory was that the two firms had misled UM and the courts about the effect of Grant Thornton’s discharge…

The UK’s Financial Conduct Authority published a wide-ranging review of artificial intelligence in retail financial services today (Monday), the first of its kind commissioned by a financial regulator globally, the FCA said. The report, led by FCA executive director Sheldon Mills and known as The Mills Review, concludes that AI is likely to reshape how…

by Calculated Risk on 1/11/2026 08:12:00 AM Hotel occupancy was weak in 2025.   It is difficult to tell early in the year because travel is always weak in early January.  From STR: U.S. hotel results for week ending 3 January The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through…

  Introduction: In this article, I’ll provide an overview of how a bridge loan works in real estate transactions. When buying or selling a property, timing is often critical. In some cases, individuals may find themselves needing to purchase a new property before selling their existing one or require immediate funds to complete a real…

The Swedish company announced Monday (July 6) that it had applied to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation (FDIC) to establish Klarna Bank USA, its proposed Utah-chartered industrial bank. “Banking is built on trust,” Sebastian Siemiatkowski, co-founder and CEO of Klarna, said in a news release. “We’ve seen firsthand the appetite for…

It seems like every piece of software now touts its Ai capabilities. While there are plenty of great tools out there, there may be just as many that are buggy or overpromising what they actually do. We scoured the landscape of Ai tools — both those made specifically for real estate professionals and general ones…