Fed pauses rates again as Middle East tensions risk hotter inflation

The Federal Reserve on Wednesday left its benchmark interest rate unchanged, maintaining a target range of 3.5% to 3.75% for a fifth consecutive meeting. Heading into the meeting, most monetary policy watchers had expected the Fed to stand pat after inflation cooled in June. Still, a minority (about 30%) had penciled in a hike, a […]

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Washington state regulator hits West Capital Lending with $75K penalty

Regulators in Washington state have fined West Capital Lending Inc. (WCL) $75,000 after alleging the mortgage lender committed multiple violations of the state’s Consumer Loan Act, including allowing unlicensed individuals to conduct mortgage-related activities and failing to meet certain disclosure and reporting requirements. Per Nationwide Multistate Licensing System (NMLS) records, the Washington State Department of

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LPT Aperture Holdings acquires Speculo AI platform

LPT Aperture Holdings, parent company of LPT Realty and Aperture Global Real Estate, acquired Speculo, an AI-powered database engagement and intent-detection platform built for real estate professionals, the company announced. Speculo, founded in 2024 by Riley VanderKaay and Bobby Moats, will keep its own brand and remain brokerage agnostic while expanding its reach across the

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