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12:01 AM, 19th August 2026, 51 seconds ago An industry body has warned that the PRS Database must not become a duplication of selective licensing. Propertymark says schemes should not duplicate existing regulation, warning that “simply collecting licensing fees will not improve standards”. Under the Renters’ Rights Act, all landlords will need to sign up…
Denver Morning PanoramaAdobe Stock Processing Content Key insight: The court’s decision carries high stakes for the banking industry, which is fighting the enactment of a 2023 Colorado law that deals with the state’s interest-rate cap. What’s at stake: Banking groups argue that applying varying state rate caps on out-of-state banks would disrupt interstate banking and…
Key Points The purchase involved 23,900 shares at $20.85 per share, representing an investment of ~$498,000. The transaction expanded the CEO’s total equity holdings by 8%. The shares were acquired indirectly through The Larry Wood Trust, marking the first reported indirect position for the executive. This capital commitment follows a period where the stock has…
U.S. home prices increased 0.27% month over month in July on a seasonally adjusted basis. That growth rate is essentially flat from 0.28% in June. Prices rose 3.4% from a year earlier, the fastest annual growth in a year. This is according to the Redfin Home Price Index (RHPI), which uses the repeat-sales pricing method…
Remodeling continues to be a viable alternative to buying a new property for homeowners across the country, and Michigan is seeing more growth in the sector than any other state. The latest State Projections of Remodeling report from the National Association of Home Builders tracks where and how homeowners spend remodeling dollars each quarter. Not…
Boring Day But At Least Bonds Turned Green 1 Hour, 28 Min ago Boring Day But At Least Bonds Turned Green Tuesday offered remarkably of interest or consequence for the bond market. The most notable development was the brief visit to 4.75% in 10yr yields followed by the emergence of the quintessential…
The State Street SPDR S&P Oil & Gas Exploration & Production ETF (XOP +1.09%) offers lower-cost exposure to traditional energy, while the Invesco Solar ETF (TAN -2.06%) provides more volatile, high-conviction access to the renewable energy sector. These two funds represent opposite ends of the energy spectrum. One tracks companies pulling oil and gas from…
HSBC is cutting rates on a wide range of residential and buy-to-let products tomorrow, while Gen H has lowered rates on high-loan-to-value products today. Virgin is also trimming some new business deals by up to 10 basis points, while increasing a number of product transfer rates by up to 10bps tomorrow. At HSBC, scores of…
With average origination volume at its highest level in four years, independent mortgage bankers now have five consecutive quarters of pretax net production profits, a quarterly survey found. Processing Content This continued the turnaround from the widespread losses posted between 2022 and 2024, Marina Walsh, the Mortgage Bankers Association’s vice president of industry analysis, said….
Wall Street’s ‘fear gauge’ is signaling the all-clear, despite myriad looming risks.