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The plan "is part of a larger democratic attack on home ownership that includes an increase in the taxes on capital gains as well as an end to 1031 exchanges for the sale of property," writes the head of Whalen Global Advisors.
May 27
Whalen Global Advisors LLC -
The steady pace of refinance activity has also continued, as borrowers seek to take advantage of sub-3% rates.
May 27
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The Treasury secretary previewed President Biden's budget by urging lawmakers to fund the Financial Crimes Enforcement Network's establishment of a beneficial ownership regime.
May 27
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The ongoing CARES Act foreclosure moratoria may have led to distressed borrowers abandoning their homes, according to Attom Data Solutions.
May 27
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The former senior vice president and credit officer takes over the role that Andrew Bon Salle left at the end of 2020.
May 27
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Rather than completing another equity raise, the five-year-old mortgage technology company went looking for a partner.
May 27
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Nonprofits connecting Historically Black Colleges and Universities to mortgage career education courses seek to increase the number of Black professionals in the field, who in turn may help to increase homeownership among underserved populations.
May 27
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The real estate and lending platform’s move calls attention to the increased prominence of strategies designed to help consumers who require financing and must compete with cash buyers in a fiercely competitive market.
May 27
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DeVito takes over on June 1, replacing interim CEO Mark Grier, who returns to his seat on the government-sponsored agency's board.
May 26
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Average days to close dropped closer to pre-pandemic levels in April, according to ICE Mortgage Technology.
May 26
