Origination

The sixth annual ranking seeks to identify and celebrate the best employers in home lending.

Ally, Truist, Citizens and SoFi are among the banks that offer student loan repayment benefits. The recent Supreme Court decision striking down President Biden's loan forgiveness plan could give a leg up to companies that provide such assistance to their employees.

Democratic senators including Banking Chair Sherrod Brown and Elizabeth Warren want to restrict tax breaks for large corporate investors that buy local homes and often drive up costs.

The Mortgage Bankers Association attributes this to muted demand for home purchases and companies trimming their operations.

Ten Western states that benefited from a pandemic-driven boom reported value declines in May, CoreLogic said.

The case brought by the Westchester, New York District Attorney alleged the perpetrators stole three properties from distressed owners and unlawfully obtained $1.5 million of fix-and-flip financing.

A majority of people said they are willing to consider purchase of modern prefabricated housing, but local zoning laws currently hold back growth and development outside of rural areas.

Construction is heating up, but just 40% of new units are single-family residential properties, the firm's data analytics arm said.

Adjusted for inflation, consumer spending has largely stalled after surging at the start of the year. Delinquency rates, meanwhile, are ticking up. 

The $4 billion-asset United Federal Credit Union partnered with the Nevada Housing Division to offer first-time homebuyers access to down-payment assistance.