For years, the American housing market has operated on a simple assumption: if mortgage rates eventually fall, affordability problems will ease and homeowners will regain their footing. That logic helped fuel optimism throughout 2025 as the Federal Reserve signaled rate ...

Commercial mortgage delinquencies were mixed in the first quarter of 2026, according to the Mortgage Bankers Association’s latest Commercial Delinquency Report. “Commercial mortgage loan performance varied across capital sources during the first three months of the year,” said Reggie Booker, ...

Jamal Scott recently joined the Earthmover Credit Union Board of Directors. Scott is currently the vice president of Undergraduate Education and dean of the Undergraduate College at National Louis University. “Dr. Jamal Scott is an accomplished professional, and our membership ...

Based on Inc42's May 2026 "Fintech Startups To Watch" series, five innovative Indian fintech startups have emerged as leaders in reshaping India's financial infrastructure across remittances, healthcare financing, investment technology, secured lending, and banking infrastructure. Frex | Cross-Border Remittance Platform ...

Topline Bank of America Corp. CEO Brian Moynihan said at the Forbes Iconoclast Summit on Wednesday the bank is seeing consumers, including boomers and senior citizens, still showing strong spending, despite a bumpy climate that includes rising inflation and gas ...

San Diego is facing a $16.5 million payout after a judge found it added late-payment penalties to parking citations without giving people proper notice of the penalties or enough time to pay the original ticket. A court ruling this month ordered ...

On May 13, 2026, the FTC announced that Shutterstock Inc. will pay $35 million to settle Federal Trade Commission allegations that the online digital photo and video platform illegally made tens of millions of dollars from a range of unfair ...

Saks is showing signs of recovery even before emerging from bankruptcy. The U.S. luxury department store chain posted sales of $1.6 billion in the period from January 14th to May 2nd. However, the company also posted losses of $63 million ...

Private equity-backed companies saw a notable decline in U.S. bankruptcy filings in 2025, signaling a shift in both capital strategy and distress management following several years of elevated restructuring activity. The drop comes after a surge in filings between 2022 ...