Public Service - Real Estate Investor Pulse

The US has approved $42 billion in loan forgiveness for public service workers. Here’s what to know

May 18, 2023 Mark Paul Cervantes Comments Off

The U.S. has approved more than $42 billion in federal student loan debt forgiveness for more than 615,000 borrowers in the past 18 months as part of a program aimed at getting more people to […]

Applications open for Voyager Scholarship for Public Service

January 25, 2023 Allen Santos Comments Off

The Obama Foundation has opened 2023 applications for the Voyager Scholarship, The Obama-Chesky Scholarship for Public Service. Funded by a $100 million personal contribution from Airbnb Co-founder and CEO Brian Chesky to the Obama Foundation, […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]