Detroit sues, accuses blockchain company of ‘hundreds of housing violations’

By: ameer@trustedteam.com

The lawsuit follows an Outlier Media investigation published earlier this year that brought attention to the company’s practices. RealToken operates by selling shares of rental properties through digital tokens. These...

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Mortgage Strategy’s Top 10 Stories: 30 Jun to 04 July

By: ameer@trustedteam.com

Mortgage Strategy’s Top 10 Stories of the Week This week’s top headlines include a Court of Appeal ruling that clarifies the definition of ‘arrears’ in a key mortgage case, and...

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GTA home sales down year-over-year in June, listings up: real estate board

By: ameer@trustedteam.com

By Sammy Hudes Home sales in the region ticked 2.4% lower in June compared with a year earlier, as 6,243 properties changed hands, the Toronto Regional Real Estate Board said...

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West Brom confirms fixed rate reductions and reintroduces interest-only

By: ameer@trustedteam.com

West Brom Building Society has announced cuts across its five-year fixed rate products. For those with a 10% deposit, the society’s five-year fixed rate has reduced by 0.28% to 4.40%...

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Fixed rate reductions continue as sub-4% deals back on the market

By: ameer@trustedteam.com

It was a week of rate reductions for fixed mortgages this week with certain lenders reintroducing sub-4% deals to the market. According to Moneyfacts’ latest data, average two-year fixes fell...

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UK Finance calls for Financial Ombudsman Service reform timetable   

By: ameer@trustedteam.com

UK Finance has backed calls that the Financial Ombudsman Service should be stopped from acting as a “quasi-regulator” and insists on a timetable of reform for the body.   The move...

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Bridgit names Nick Ognenovski as first chief revenue officer

By: ameer@trustedteam.com

“The business has quickly built a strong reputation for speed, simplicity, and innovation in what is traditionally a complex category, and has made impressive progress in the third-party channel,”...

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ABS reports Australian household spending rises in May

By: ameer@trustedteam.com

All Australian states and territories posted higher household spending for the month. The Northern Territory led with a 1.2% increase, driven by growth in spending on miscellaneous goods and...

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CSLR levy cut by more than 30%

By: ameer@trustedteam.com

The decision now lies with the Minister for Financial Services, who must determine whether the special levy should be distributed across all four CSLR sub-sectors or addressed through alternative...

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Six-month growth streak continues for Aussie home prices

By: ameer@trustedteam.com

Sydney and Melbourne saw increases of 0.5% and 0.3%, respectively. These markets, which experienced subdued activity in 2024, are now contributing to national gains. Annual growth rates remain uneven,...

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