Hints and tips:
...Jim Jordan, the Republican chair of the House judiciary committee, said on X the decisions by JPMorgan and State Street were “big wins for freedom and the American economy, and we hope more financial institutions...
...Yet applications for 30-year fixed rate mortgages fell to the lowest level since 1995 last week....
...They have cut lending rates, mortgage rates, business taxes, stock-trading fees and even admission costs at tourist sites; extended EV subsidies; relaxed regulations; intervened in forex markets; and extended...
...Mnuchin and Joseph Otting, the former regulator who has taken over as NYCB chief executive, have a history of rebuilding troubled lenders: they bought failed mortgage lender IndyMac from the FDIC in 2008...
...The former Credit Suisse chief executive plans to use his $345mn special purpose acquisition company, Freedom Acquisition Corp, to merge with Human Longevity Inc for an implied valuation of about $1bn, according...
...Commercial property, and in particular mortgages on office buildings with low occupancy rates, have been a big concern for lenders since the Fed started lifting interest rates....
...“It’s never been [this fragmented],” said Jonathan Miller, a former chief digital officer at Rupert Murdoch’s News Corp....
...Mortgage rates have doubled in the past year and a half, raising the cost of financing a home....
...It accused the non-profit of being one of several activist groups and legacy media outlets seeking “to undermine freedom of expression on our platform because they perceive it as a threat to their ideological...
...Mortgage applications hover close to a three-decade low, says the Mortgage Bankers Association....
...AGNC Investment Corp has $51.7bn, The Starwood Property Trust manages $28.3bn, Rithm Capital has $32bn, and the Blackstone Mortgage Trust another $26.8bn....
...Another striking data point: The top five developers by sales in the first half [of this] year were state-backed, showed data from China Real Estate Information Corp....
...Freedoms such as these would also remove the chance for internet companies to step in and carve out big new businesses, the way that Google had carved out a dominant role on today’s internet, Nadella suggested...
...The Republican-controlled House last month passed the Save Our Gas Stoves Act and the Gas Stove Protection and Freedom Act, which would stop the CPSC from banning stoves....
Justices decline to overhaul law protecting Google and Twitter from liability for material on their platforms
...The fate of the holdings, which consist of mortgage-backed securities, collateralised mortgage obligations, and commercial mortgage-backed securities, had rattled bond markets, which feared the Federal Deposit...
Decision comes after ‘state-affiliated media’ label is added to its account on social media platform
...“I don’t think any other regulator has that level of unfettered discretion,” said one expert, referring to the freedom the CMA would have to act under the new bill and the checks around the appropriateness...
...“We do this to protect not only the children and the users on the platform but . . . we’re also protecting freedom of speech and democracy and protecting people from misinformation....
...First Republic shares have lost more than 97 per cent of their value this year, driven down by concerns about paper losses on its mortgage book and other assets and massive deposit outflows after the March...
...First Republic’s business model of using low-cost deposits to fund cheap mortgages has been squeezed by rising interest rates....
...Adding to investor concerns is the proportion of deposits that lenders invested in longer-dated securities like US Treasuries and mortgage-backed securities when interest rates were low....
...On the other hand, might higher mortgage rates support rental demand?...
...A different type of mess is now surrounding Lincoln National Corp, the Radnor, Pennsylvania-based insurance company that lends the stadium its name....
...Musk’s ultimatum is a gamble that tech workers will see the writing on the wall and be willing to give up some of their freedoms. For now, few tech CEOs are likely to follow him. richard.waters@ft.com...
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