Bill Ackman is returning to the IPO market with a combined offering for his hedge fund manager and a new closed-end fund, the latest move in the billionaire’s long campaign to expand his asset management empire to public market investors. Processing Content The initial public offering for Pershing Square USA Ltd., the closed-end fund, would […]
Ackman’s Pershing Square seeks up to $10 billion in NYSE IPO Read More »
Financial technology company Plaid announced Tuesday that it has integrated its Home Lending Report into the Encompass loan origination system from ICE Mortgage Technology — a move Plaid says will streamline digital asset verification for mortgage lenders. The integration embeds Plaid’s verification tool directly into Encompass, allowing loan officers and underwriters to access borrower asset
Plaid integrates Home Lending Report into Encompass Read More »
Mortgage rate locks rose in February as lower borrowing costs helped bring more homebuyers back into the market, according to Optimal Blue‘s February 2026 Market Advantage report. The report, released Tuesday, found that total rate-lock volume increased 9% compared to January and was nearly 40% higher than in February 2025. Purchase lock volume climbed more
Optimal Blue data shows February rate locks up 9% from January Read More »