Author: Jordan

According to filings in the Ontario Superior Court of Justice, in early-August, the Richmond Hill private mortgage lender Equityline SPV Limited Partnership was placed under receivership after failing to repay over $10M in loans to its sole creditor, Equitable Bank.Equityline is the owner of approximately 34 residential mortgage loans, mostly valued at under $1M, totalling $18M. The company has been placed under receivership for its debts owed to Equitable Bank, but saw its chances of getting out of receivership squashed due to allegations of fraudulent mortgage practices and deceit.As a result, KSV Advisory has been appointed receiver over the company’s…

Institutional Bitcoin holdings fell from 313,000 BTC to 261,000 BTC in the first quarter, a 17%% decline. About 95%% of the reduction came from hedge funds and brokerage firms, whose holdings fell 39%% and 53%%, respectively. By contrast, the banking sector increased Bitcoin holdings, led by JPMorgan, Wells Fargo, and Citigroup, as it expanded market participation from a longer-term perspective. Forecast Trend Report by PeriodSee more mid- to long-term trend analysisPhoto: CoinShares Institutional investors sharply reduced their Bitcoin holdings in the first quarter. CoinShares said on June 5 that its analysis of 13F filings with the U.S. Securities and Exchange…

With a market cap of $61.1 billion, Ford Motor Company (F) designs, manufactures, markets, and services Ford trucks, SUVs, commercial vans, passenger cars, and Lincoln luxury vehicles across markets such as the United States, Canada, the United Kingdom, and Mexico. Its operations are organized into segments including Ford Blue, Ford Model e, Ford Pro, and Ford Credit, covering internal combustion, hybrid, and electric vehicle development along with digital technologies. Companies valued at $10 billion or more are generally considered “large-cap” stocks, and Ford Motor fits this criterion perfectly. In addition to vehicle production and sales through dealers and distributors, the company provides financing,…

Key Terms dscr financial Debt-service coverage ratio (DSCR) measures how easily a company can pay its debt obligations by comparing the cash it has available for debt payments to the amount it must pay in a given period. Think of it as a household budget ratio: if your monthly take-home pay comfortably exceeds your loan and mortgage payments, you have a high DSCR; a low DSCR signals a greater risk that the company may struggle to meet interest and principal payments, which matters to lenders and investors assessing credit safety…

MILWAUKEE, June 05, 2026 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management (“AUM”) as of May 31, 2026 totaled $186.0 billion. Artisan Funds and Artisan Global Funds accounted for $92.3 billion of total firm AUM, while separate accounts and other AUM 1 accounted for $93.7 billion. During the period, Artisan was notified that a U.S. sub-advisory mandate representing approximately $5.7 billion of assets in the U.S. Value Team’s Value Equity strategy is expected to terminate in early June 2026.  The reduction in assets under management will have a muted impact…

Sri Lanka’s vehicle, gold loan curbs support lenders’ risk profiles – Fitch Ratings Ada Derana Source link

Luxury property no longer means just square footage and marble floors. Buyers have gotten pickier, smarter, and more demanding. What counted as premium five years ago looks ordinary now. This piece breaks down what actually drives the high-end real estate market today: from architecture to the lifestyle services buyers expect before they sign anything. What “Luxury” Actually Means in 2025 Developers slap “luxury” on anything with a rooftop and a lobby chandelier. The word barely means anything anymore. So what actually defines premium property? Privacy — physical, not conceptual. Elevators that open into your apartment. The distance between your front…

Buy-to-let purchase searches have dropped by 22% in the last year, to 76,324, according to Twenty7Tec’s latest mortgage market data. Reflecting recent NRLA figures showing that three times more landlords have sold property than purchased property during the past year, Twenty7Tec reports that buy-to-let searches reached 249,403 in May, 13% lower than in May 2025, with BTL remortgage searches falling 8% to 173,079.Nathan Reilly, chief customer officer, (pictured right) says after the heightened levels of activity seen earlier in the year, May’s data suggests the larger property market has entered a more cautious phase. Similar patterns can be seen across…

The outcome of Peru’s presidential election could significantly depend on the votes of small gold miners. These miners operate under the REINFO program, initiated in 2016 and intended to end in 2020, which allows them to work without full environmental or operational permits. The program has been extended as global gold prices increased and the informal mining sector grew, with around 500,000 miners producing about $11 billion in gold exports in 2025, amounting to half of the country’s total.In the current election, conservative candidate Keiko Fujimori is facing off against leftist Roberto Sanchez. Both candidates are seeking support from small…

Julie Shiff has been walking the trails at Lion’s Den Gorge Nature Preserve in Ozaukee County for over 20 years. The Grafton resident said she goes to the 73-acre park once or twice a week.  She was there with her friend on Wednesday.  “This is our spot,” Shiff said. “This is where we’ve been coming forever.” Understanding Wisconsin, Together. WPR’s “Wisconsin Today” newsletter keeps you connected to the state you love without feeling overwhelmed. No paywall. No agenda. No corporate filter. But recently, she saw a post on social media about “private property” signs that had gone up on Lake…