The transaction includes about 123 loans and is expected to close by August
Refi activity also rose to 46.6% of total mortgage applications from 45.4%
The analysis shows that first time homebuyers have a better shot at buying a home in low-priced markets, not just because of the lower price point but because on average buyers are putting down just 12% in those markets compared to 24% in high-priced markets
Labor shortages and tight underwriting standards played a part in the lower confidence. However, those challenges will be short-lived, according to NAHB chairman.
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Many entrepreneurs are too focused on their business to think about a time they may need to dismantle it. But a good exit strategy is an important part of any business plan
The Tokyo-based investment bank is choosing to fight claims, while 16 other banks have settled. The FHFA has reaped more than $20 billion in bank settlements without ever having to prove its case in court.
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