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Coming Up:
Involuntary Bankruptcy Petition Halts Sprout Settlement
Creditors seek $1.35M from Sprout by filing Chapter 7 petition in New York court.
Despite Recession Fears, Forbearance Rates Drop In June
A resilient labor market drove forbearance rates lower, the MBA says.
Jul 18, 2023
Homebuilder Confidence In July Highest Since June 2022
NAHB/Wells Fargo index increases for 7th straight month.
Redfin: Just 1% Of Homes Have Sold This Year
Quick increase in mortgage rates has kept buyers and sellers on the sidelines.
Bank of America Earnings Rise 19% YOY
Joins other large U.S. banks in beating analyst expectations.
Ex-Countrywide CEO Angelo Mozilo Dies At 84
Leaves a mixed legacy of being an industry leader only to become the face of the 2008 subprime crisis.
ICE, Black Knight Announce Deal To Sell Optimal Blue
Sale to Constellation Software contingent on closing of ICE’s acquisition of Black Knight.
Fannie Mae: Home Price Growth Continues To Surprise
Quarterly index shows nearly 8% growth on a seasonally adjusted annualized basis.
loanDepot Names New Chief Accounting Officer
Announcement comes just 11 days after appointment of new CFO took effect.