Articles by Mark Paul Cervantes
Celebrating and recognizing women Hosts on International Women’s Day
This International Women’s Day, we celebrate our women Hosts on Airbnb, who we could not be more proud to recognize, nor fortunate to have on our platform. Today and every day, women are worthy of […]
CFPB outlines issues with illegal ‘junk fees’ by mortgage servicers
The Consumer Financial Protection Bureau (CFPB) on Wednesday released a special edition of its Supervisory Highlights report that profiles “unlawful junk fees uncovered in deposit accounts and in multiple loan servicing markets,” including among mortgage […]
Mortgage Application Volume Up Slightly, Despite Higher Rates
The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage loan application volume, increased 7.4 percent on a seasonally adjusted basis compared to the previous week. On an unadjusted basis, the […]
Canada’s rental housing market lags the U.S. and that’s causing a lot of problems
The rental markets in the United States and Canada cannot be more dissimilar, especially when it comes to apartment rents, which have fallen in most U.S. cities, while spiking across Canada. U.S. renters “with new […]
Will There Be Another Recession in 2023? Here’s What History Tells Us
Wouldn’t life be easy if we already knew what was going to happen to the economy in the coming weeks, years, or decades? We could make decisions about our personal finances, secure in the knowledge that […]
Investors Bet on Europe’s Inflation Matching US in Echo of Financial Crisis
(Bloomberg) — For the first time since the global financial crisis, investors are betting long-term inflation in the euro area will match that of the US, underscoring the dramatic shift in the outlook for Europe […]
Fed’s Powell previews tougher rate hike path, starting soon
March 8 (Reuters) – Federal Reserve Chair Jerome Powell on Tuesday foreshadowed key elements of the central bank’s upcoming rate-setting meeting: A half-point increase is on the table and updated policymaker forecasts are likely to […]
Coldwell Banker Uncovers Why International Buyers Dream of Owning U.S. Real Estate
Affluent international consumers are dreaming big when it comes to their U.S. home purchase, says new Coldwell Banker Global Luxury data MADISON, N.J., March 7, 2023 /PRNewswire/ — From diverse American cities and regions to being inspired […]
Cenlar FSB names Michelle DeHart VP of loan operations, escrow
Cenlar FSB, the second-largest mortgage servicer and largest sub-servicer in the U.S., appointed Michelle DeHart as the vice president of loan operations, escrow, the company announced on Tuesday. “Having managed large-scale servicing operations, we will […]