Student loan defaults are rising, and Sun Belt demand may soften
A coalition of industry trade groups representing lenders, brokers and community associations is asking the head of the Federal Housing Finance Agency (FHFA) to revisit policy changes made by Fannie Mae and Freddie Mac that they claim will negatively impact homebuyer affordability, accessibility and housing supply. In a joint letter sent Wednesday to FHFA Director…
Key insight: CSI has purchased Qolo, a commercial payments fintech, to bring its technology to community banks. Expert quote: “Businesses now measure their bank’s treasury tools against the software they already run everywhere else.” CCG Catalyst’s Paul Schaus Forward look: Qolo will continue to support its existing and active bank customers, according to a company…
Pending home sales fall by 5.4% in June: NAR – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social media, advertising…
The findings from Mills Review published by the Financial Conduct Authority (FCA) about the impact of artificial intelligence (AI) should not concern advisers but make them reconsider how they operate. Stuart Cheetham, CEO of MQube, said the firm welcomed the review as it recognised both the opportunities and responsibilities that came with the increased adoption of…
Key Points Small-cap stocks have consistently lagged large-cap stocks over the past 15 to 20 years. But small-cap earnings growth is expected to hit 17% in 2026 and 18% in 2027, finally providing the catalyst for share prices to move higher. The Vanguard Small-Cap Value ETF (VBR) is up 20% year to date, and it’s…
Also suggested are changes to the right of rescission, although that could be more complicated. The right of rescission is set by statute, which limits what the bureau can accomplish through regulation, Idziak said. But one area where clarity could help is the bona fide personal financial emergency waiver, which currently has no workable definition….