Rocket Companies has rolled out its first credit card in order to attract potential homebuyers and existing homeowners into its ecosystem amid one of the most challenging mortgage markets in decades. Those looking to buy […]
Cenlar FSB, the nation’s second-largest mortgage servicer and largest subservicer, has named Rene Gonzales as its new chief technology officer (CTO), according to an announcement on Tuesday. Gonzales initially joined Cenlar in 2018 as its […]
Some people might like the idea of perpetual appreciation in the housing market, but others know that the industry was badly in need of a cool-down after values surged at an unprecedented pace post-pandemic. While […]
A federal judge in Georgia has given the green light for an amended “predatory lending” lawsuit to proceed against Wells Fargo. The lawsuit was filed under the Fair Housing Act by three counties in Georgia. […]
Applications for both home purchases and refinancing rose for the fourth time during the week ended March 24. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of application volume, increased 2.9 […]
WASHINGTON, March 28 (Reuters) – Lawmakers are expected to put top U.S. bank regulators on the defensive over the unexpected failures of regional lenders Silicon Valley Bank and Signature Bank when they testify before Congress […]
Real estate investing is perennially popular, and while high interest rates may be softening the market now, investors are likely to storm back to real estate with a vengeance, if and when rates fall. In […]
Of all the economy’s looming threats, Elon Musk says the state of the commercial real estate debt market is “by far the most serious.” On Sunday, the Kobeissi Letter, a newsletter focused on global capital markets, tweeted that over […]
EUR/USD bulls take a breather around the intraday high of near 1.0815 as traders seek more clues to extend the two-day run-up during early Tuesday. It’s worth noting that the comparatively upbeat catalysts from Eurozone […]
THE United States will likely enter a recession this year and face high inflation well into 2024, a majority of economists predicted in their response to a semiannual survey.More than two-thirds of respondents to the […]
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