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Home Equity Found As Primary Driver Of Black Wealth

More than 90% of the wealth gains for Black Americans came from homeownership, NCRC reports.

Diversity & Inclusion
Home Equity
Manufacturing Fair Lending

NMP staff writers discuss the evolving definition of “redlining"

Jun 19, 2024
The Editor's Cut
CFPB Orders Freedom Mortgage To Pay $3.95M Over Housing Data Errors

CFPB proposed an order requiring Freedom Mortgage to pay a $3.95 million penalty

Regulation and Compliance
Former G-Rate LO Alleges Harassment & Gender Discrimination

Megan McDermott sues Guaranteed Rate while other former staff members follow up with similar allegations.

Courts
Home Price Growth Plateaus In May As Sales Activity Slows

Cooling inflation is cooling home prices, Redfin report indicates

Analysis and Data
People On The Move
The U.S. Is Now Short 4.5 Million Homes

From 2021 to 2022, Zillow reported that the U.S. housing shortage grew to 4.5 million homes, up from 4.3 million.

Analysis and Data
Single-Family Rental Prices Level Off In April

Year-over-year growth slowed for all market segments except higher-priced rental properties.

Analysis and Data
Non-QM
Jun 18, 2024
The Interest