Home sales are positive but higher rates slowing demand
Tell us a bit about your career to date I started my career with Barclays Bank in 1989 — a broad and practical grounding in retail banking. For the next 10 years I had a wide range of roles from back-office functions, then cashier, personal banker, corporate relationship manager and mortgage adviser. I gained a…
In a market like this, one veteran said the brokers with the best chance of coming out ahead are the ones treating the slow period as an opportunity to get better, because the knowledge gap is where deals are disappearing. Kimber White (pictured top), president of the National Association of Mortgage Brokers (NAMB), has been…
India’s non-life insurance’s saw a sharp widening in underwriting losses to Rs 45,279 crore in the financial year 2025-26 (FY26). On a year-on-year (Y-o-Y) basis, it was nearly 50 per cent higher than the Rs 30,288 crore in FY25. At the same time, the gross direct premium income by non-life insurers rose almost 9 per…
Key Points Amit Ashvin Mehta, SVP, Strategy & Business Ops of Resideo Technologies (NYSE:REZI), executed a direct purchase of 10,928 shares of common stock on Aug. 17, 2026, according to a recent SEC Form 4 filing. Transaction summary Metric Value Shares purchased 10,928 Transaction value $226,000 Post-transaction shares (directly held) 57,362 Post-transaction value $1.1 million…
A group of state attorneys general, led by Oregon and New York, are suing the Office of the Comptroller of the Currency over its rule quashing laws requiring banks to pay interest on mortgage escrow accounts. Processing Content The suit was filed in the U.S. District Court in Oregon, seeking to prevent OCC from implementing…
Despite a bumpy economy and increasingly high Treasury yields, one global investment firm believes now is the time to pounce on U.S. commercial real estate. Commercial Observer spoke with Tony Charles, global head of research and strategy at Morgan Stanley Real Estate Investing, who outlined the main takeaways from Morgan Stanley Investment Management’s mid-year 2026…