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Coming Up:
Planet Home Lending Taps New Regional VP, Sales
Kathryn Edelen will support company’s Eastern U.S. expansion
Better.com Facing A Whistleblower Lawsuit
A former executive claims she was speaking out against the CEO
Jun 09, 2022
NY Foreclosure Abuse Bill Still Not Signed
NY Gov. Kathy Hochul says her office has 800 bills to review.
Redfin Reports U.S Median Rent Surpassed $2,000 In May
Rents were up nearly 50% in Austin and 30% in Cincinnati, Seattle and Nashville.
Owners Saw Largest Annual Gain In Home Equity In 1Q 2022
Approximately 62%, or 62,000, homeowners with mortgages saw their equity increase in the first quarter by 32.2% year over year.
MBA: Mortgage Credit Availability Subsided In May
Credit availability continued to tighten in May, according to data from the Mortgage Credit Availability Index.
Mortgage Lending Plummets Across U.S. In Q1
Only bright spot in the segment was home equity loans, which grew 28% annually.
Lawsuit Claims Better.com, CEO Misled Investors
Lawsuit by former EVP for sales & operations seeks $195 million in compensatory & punitive damages.
Mortgage Rates Increase 14 Points
It's the first jump in rates in three weeks.