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While Black homeownership just rose to its highest level in 16 years, it's still the lowest of any racial demographic and 29 percentage points behind white people.
August 6 -
The agency said property owners can enter into new or modified forbearance plans if they have a hardship due to the coronavirus, but the landlords must agree not to kick out renters solely for nonpayment of rent.
August 6 -
The American Dream Down Payment Act would let states establish and manage accounts, which would be similar in structure to 529 college savings plans.
August 6 -
Deferrals on residential mortgages and home-equity loans have been a common theme at JPMorgan Chase, Bank of America, Wells Fargo and Citigroup since the start of the coronavirus pandemic.
August 5 -
With year-to-date issuance at $51.7 billion, investor demand appears to remain strong despite economic headwinds of the pandemic.
August 5 -
An industry coalition wants to ensure borrowers who took out certain types of loans to fund their education aren’t locked out of access to historically low mortgage rates.
August 5 -
With over 4 million millennials entering prime home buying age each year through 2023, purchase activity will be driven much higher, according to Ellie Mae.
August 5 -
The common stock for the new parent of Quicken Loans is expected to start trading on the New York Stock Exchange on Thursday.
August 5 -
The Federal Reserve Racial and Economic Equity Act would direct the Fed to consider racial inequality in employment, income and access to affordable credit when making monetary policy and in its regulation and supervision of banks.
August 5 -
For years, there has been an expectation that markets and governments would figure out how to provide enough incentives for homeowners to make energy efficiency upgrades and environmental improvements. It hasn't happened yet.
August 5