Author: Jordan

This addition gives Paradigm’s network access to Shariah-compliant residential and BTL property finance for GCC residents and expats in the UK Nomo has joined the lender panel of Paradigm Mortgage Services.  This addition gives Paradigm’s network of more than 2,000 firms and 3,000 advisers access to Shariah-compliant residential and buy-to-let (BTL) property finance for Gulf Cooperation Council (GCC) residents and expats in the UK, excluding Northern Ireland.  Layla Hamidian, head of property finance, sales and servicing at Nomo, said: “We’re thrilled to join Paradigm’s lender panel, giving us access to its member firms.  “We hope that in joining Paradigm, more…

Read More

Japan’s acute dependence on Middle East crude, with 94% of imports sourced from the region and 93% of those moving through Hormuz, means any delay in strait normalisation will weigh heavily on Asian refining margins and petrochemical feedstock costs. Naphtha tightness is a particular pressure point given its role across plastics and auto components supply chains. The survey’s findings suggest Japanese end-users will continue drawing on alternative sources and national reserves well into the second half of 2026, sustaining elevated spot premiums for non-Middle Eastern crude grades. The minesweeping caveat is a reminder that physical reopening of the strait is…

Read More

Should you prioritize the steady returns of an established lender or the high-growth potential of an AI disruptor? Comparing OneMain (NYSE:OMF) and Upstart (NASDAQ:UPST) helps determine which fits your individual goals. OneMain focuses on personal loans for nonprime borrowers through a massive network of physical branches and digital tools. Upstart operates as a technology platform that uses artificial intelligence to help banks and credit unions price risk more accurately. Both companies facilitate consumer credit but utilize radically different business models to reach their target markets. The case for OneMain OneMain provides personal loans and credit products to nonprime consumers through…

Read More

Buy-to-let lender, Landbay, has reduced rates by up to 20 basis points across products within both its core and specialist ranges. The core range is available for lending on standard properties for individuals, limited companies and LLPs; it is available to landlords with portfolios of any size and also offers AVM options. Specialist products cover holiday lets, HMO, MUFB and trading companies. In its core range, five-year fixed rates at 75% LTV has reduced by 0.20% and now start from 4.74%, with two-year rates also down by 0.20% to start from 3.99%. Specialist 75% LTV HMO/MUFB products are…

Read More

Business THE Nigerian equities market closed Wednesday’s trading session on a negative note, extending its bearish streak to four consecutive sessions and leaving investors with a loss of N758 billion. Profit-taking in large- and mid-capitalised stocks, including Geregu, Okomu Oil, Red Star Express, Consolidated Hallmark Holdings, International Energy Insurance and 46 other equities, dragged the market into negative territory. Market capitalisation declined by N758 billion, or 0.49 per cent, to N154.445 trillion from N155.203 trillion recorded on Tuesday. Similarly, the All-Share Index (ASI) shed 1,182.08 points, representing a 0.49 per cent decline, to close at 240,802.72, compared with 241,984.80 in…

Read More

Mocertatug rezetecan (Mo-Rez), a novel B7-H4–directed antibody-drug conjugate (ADC), demonstrated rapid and deep responses in patients with platinum-resistant ovarian cancer (PROC) and recurrent or advanced endometrial cancer (EC) across a range of B7-H4 expression levels, according to additional data from an interim analysis of the phase 1 BEHOLD-1 study (NCT06431594) presented at the 2026 ESMO Gynaecological Cancers Congress.1In the PROC cohort, the confirmed objective response rate (cORR) with Mo-Rezat at the 5.8 mg/kg dose level (n = 34) was 62% (95% CI, 44%-78%), and 31 patients achieved stable disease or better. The median time to response (TTR) with Mo-Rez at…

Read More

About 36,000 federal student loan borrowers who applied for relief through the Borrower Defense to Repayment program received notices this week that their federal student loans will be discharged. Here’s how to know if you qualify for relief under the Sweet v. McMahon settlement. Read more: The average cost of college in 2026 (and how to pay for it) Sweet v. McMahon — how to know if you’re eligible for relief Under the terms of the settlement, tens of thousands of borrowers whose for-profit colleges were accused of misconduct were due to receive notice from the Department of Education by…

Read More

The lender cut rates across its 2-year and 5-year fixed-rate 75% LTV products, including energy performance certificate (EPC) A-C options.  Fleet Mortgages cut rates across its 2-year and 5-year fixed-rate 75% loan-to-value (LTV) products, including energy performance certificate (EPC) A-C options.  The lender reduced rates by 0.2% on its 2-year fixed-rate house in multiple occupation (HMO) and multi-unit freehold block (MUFB) products, with a 3% fee.  The non-EPC A-C variant dropped from 4.79% to 4.59%, and the EPC A-C product dropped from 4.69% to 4.49%.  All EPC A-C products are available to borrowers purchasing or remortgaging properties with an A-C…

Read More