The wholesale lender still faces charges of racketeering, civil conspiracy, and RESPA violations stemming from a separate ultimatum-inspired class action lawsuit, filed in April.
New First Street Foundation analysis finds 57 banks with a total of $627 billion in real estate loans exposed to “material financial risk” from climate impacts.
With single-family starts and permits rising in August, Fed rate cuts ease construction costs for builders, though competition from resale inventory also stands to increase
The aggressive start to its rate-cutting cycle signals policymakers' intention to maintain a "solid labor market," Powell remarked
Business lost to ‘lock-in effects’ will compound for years, warns a team of FHFA economists
CMG Financial Starts Revving A New Engine
Tim Ross talks tough decisions, TPO, and preparing to step aside
Purchase locks sank 16% year over year, despite August being the most affordable month for home buying since February.
“I don’t think that we’re going to have the soft landing that people are predicting,” says Vishal Garg.
How Phil Crescenzo captures preferred lender fallout, building a niche in new construction loans
