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Ellen Graper, CPA, is a partner at StoneTurn. She has almost 20 years of experience assisting accounting firms navigate regulatory and industry requirements. Her expertise draws from her tenure as both an accounting regulator and a financial statement auditor.

Privately funded down payment assistance programs help address the racial wealth gap in a safe and responsible fashion, leaders of the Cedar Band of Paiutes, the Lower Brule Sioux and the Rosebud Sioux write.

Scott Purcell is the CEO of ACA International.

More of the business is now controlled by independent lenders, and with mortgage volumes plunging this year, many are struggling to stay afloat.

Linda McCormack is the VP of client engagement at Clarity Benefit Solutions.

Their activity was below the record share hit at the start of 2022, and down from the high water mark of 93,700 properties bought in the third quarter last year.

The declines in home mortgage operations followed a profitable first quarter as originations slumped and the payments business generated less net financial income than in the previous fiscal period.

While commercial investors have begun to recognize the importance of anticipating extreme weather events in their business strategies, companies involved in residential transactions lag behind.

The decline continues the trend of seesaw movements, coming just a week after economic worries led averages to surge.

Sales of previously owned U.S. homes fell for a sixth straight month in July in the latest indication of how high borrowing costs and waning demand are propelling the housing market's rapid decline.