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Federal court upholds shareholders' right to interest after government's wrongful claim on profits; simple interest rate set, drawing from Delaware law precedent.
Recent data unveils a dip in median mortgage payments, but annual figures showcase a significant rise.
U.S. Census Bureau and Housing Department report a 33.9% year-over-year surge; median prices rise to $418,800.
Prospective homeowners are exploring the possibility of departing from Austin due to persistent high housing expenses.
CEO Jay Bray touts balanced business model as the driving force behind consistent growth; company initiates search for successor following vice chairman's retirement announcement.
30-year fixed mortgage rate reaches 7.9% – its highest since 2000 – stalling potential homebuyers and suppressing refinance activities.
Rising mortgage rates, lock volume decrease, and market compression force the closure of prominent Georgia-based lender, ending its two-decade run.
Veteran mortgage expert with $1 billion career loan volume set to amplify company's presence in DC metropolitan area.
Final rule for CRA modernization promises more flexibility, 2-year implementation, and a nod to digital banking.