The housing market is shifting toward more-favorable conditions for owning a home instead of renting, according to a new report.
It's becoming better to buy than rent because
The results come from the quarterly
Among U.S. cities, those most heavily weighted toward buying include Cincinnati, Chicago, Cleveland and New York. On the renting side, Dallas and Houston remain more favorable to rentals.
The rule rescission, one of many the Consumer Financial Protection Bureau is planning, would officially remove temporary steps for mortgages added in 2021.
Rocktop Management anticipates rising loan origination volume and increasing borrower distress, driving more servicing sales — key reasons behind its acquisition of Incenter Capital Advisors.
The Virginia man filed a false tax return in 2021 claiming an $18.3 million refund, working with a co-conspirator to defraud a real estate agent.
Servicing profit offset origination losses for some companies, but more than 40% were unprofitable, according to the Mortgage Bankers Association.
Lenders using an automated process can save up to $1,500 per loan but do they have the capacity to pass those through to applicants as the FHFA director asks?
CSBS hires veteran regulatory expert, Selene welcomes two new executives, Polly grows C-suite, Leaderone finds new president, plus more mortgage moves.
