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News Powered By AI

Buying a condo with a mortgage may soon get more complicated. Here’s why

by News Feed Editor | Aug 4, 2026 | Financial

Fannie Mae and Freddie Mac are implementing stricter condo-lending policies effective Aug. 3 that require comprehensive reviews of building finances and conditions, potentially causing mortgage approval delays and denials.

Can your tax preparer use AI without telling you? Some experts say IRS rules aren’t clear

by News Feed Editor | Aug 4, 2026 | Financial

Tax firms increasingly use AI in their practices, but IRS guidance on disclosure requirements remains unclear, leaving questions about whether clients must be informed of AI involvement in preparing returns.

Heating oil customers to get up to £350 compensation for cancelled orders

by News Feed Editor | Aug 4, 2026 | Financial

UK heating oil customers affected by Middle East conflict-driven price surges will receive up to £350 in compensation following a competition watchdog investigation into cancelled orders.

Public Service Loan Forgiveness has new rules — 3 changes borrowers should know about

by News Feed Editor | Aug 4, 2026 | Financial

New federal student loan repayment rules effective July 1 reshape Public Service Loan Forgiveness eligibility, excluding certain parent borrowers and introducing a new plan that doesn’t count toward forgiveness.

IRS tax liens can be a ‘kiss of death,’ consumer advocate says — and they’re on the rise

by News Feed Editor | Aug 4, 2026 | Financial

The IRS filed over 214,000 federal tax liens in the 2025 fiscal year, a 9% increase from the prior year, raising concerns among advocates about job loss and reduced access to credit for affected taxpayers.

No deposit, no problem: the new 100% mortgages for first-time buyers

by News Feed Editor | Aug 4, 2026 | Financial

Multiple UK lenders now offer mortgages requiring minimal or no deposits for first-time buyers, with loans of up to 100% of property value, though interest rates are typically higher than standard deals.

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RocketNews is a news aggregator covering top stories from around the globe across 17 categories. Stories are gathered from leading news organizations — including the BBC, The Guardian, the Associated Press, NPR, Al Jazeera, and respected industry publications — along with government sources and official releases. Each story is presented without advertising as an original summary produced with Claude AI, with attribution and a link to the original reporting at the source. RocketNews also publishes featured articles from contributing writers. Story selection and summaries are automated.

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