Bank statement loans are expanding mortgage options for self-employed buyers and homeowners, offering flexible income qualification as interest rates move closer to 2025 lows.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England has embarked on a cost-cutting drive, reducing headcount and closing one of its London ...
The bank demonstrated strong performance in the third quarter of 2025, exceeding its 1.1%+ Return on Average Assets (ROAA) target. This achievement marks a significant milestone in the company’s ...
UMB Financial Corporation (UMBF) has emerged as a standout performer in the regional banking sector, demonstrating remarkable resilience and growth amid challenging economic conditions. The ...
New Non-QM tech offering launched to streamline and automate the income analysis process Newfi Wholesale has launched “Income IQ,” an automated bank statement analysis tool designed to deliver a ...
NEW YORK (Reuters) -Jitters around U.S. banks' exposure to loan losses have fueled expectations for more mergers and acquisitions as big buyers may be spurred to look to absorb smaller or weaker ...
AI bubble talk is in the air, and among the chorus of voices warning of an AI-fueled market bubble (which includes OpenAI CEO Sam Altman and Amazon’s Jeff Bezos) is the Bank of England, which warned ...
Economists keep warning that the US economy is being propped up almost entirely by an enormous boom in the tech and AI sector. Should the rest of us be worried? Multibillion-dollar investments have ...
Toronto-Dominion Bank reported better than expected earnings, demonstrating strong execution despite ongoing U.S. regulatory penalties and asset cap restrictions. The primary concern for investors ...
As inflation continues, companies are pulling out all the stops to suck more cash out of consumers without directly raising prices. This phenomenon, often called “sneakflation,” seeks to lower the ...
For nearly 50 years, Anamarie Hurt trusted her husband, Craig, to manage their finances. And he did a good job of it, making investments that grew into a comfortable nest egg. Then Craig walked into a ...
Detroit — More than half of homes purchased from the Detroit Land Bank Authority over the last decade have appreciated in value — some by tens of thousands of dollars — but the gains were not evenly ...