In a heated, four-hour hearing, Congress grilled the FHFA director over his agency’s efforts to help more people obtain a mortgage. The GOP fears new housing policies will lead to another crash while Democrats say they are necessary.
Although home prices are rising faster in urban neighborhoods, population is growing faster in suburban neighborhoods. Consumer preferences and the aging of the population are tailwinds for suburban growth; so are falling oil prices if they stay low long-term.
With the addition of three new managing partners, Bayshore Mortgage Funding has launched a reverse mortgage division.
What do you think is the most important advantage of being part of a branch network?
For the 22nd consecutive month, cash sales have declined as ...read more
The launch of the regulator’s “Owning a Home” tool has cause ... read more
Are banks overly regulated? Jamie Dimon, CEO of the largest ... read more
Hot 100; Mini-correspondent; Mat Ishbia; USDA loans