Only 18% of Californians could afford a median-priced home in 2024, with affordability gaps persisting across ethnic groups
Buying a home in California became even harder across all ethnic groups last year, as surging mortgage costs pushed affordability further out of reach, according to the California Association of Realtors (C.A.R.). Only 18% of Californians earned enough to purchase the sta...
Loan production fell 10% in Q1, but purchase share climbed and borrower recapture hit 51% amid broader strategic realignment
Mr. Cooper Group reported first-quarter 2025 results that reflect a mixed environment for mortgage production and servicing, as the company emphasized operational stability and strategic expansion despite a slowdown in origination volume. Loan Production Mr. Cooper fun...
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