Two Harbors clears final regulatory hurdle for CrossCountry merger
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United Wholesale Mortgage investors are accusing the company and its leaders of securities fraud over their public statements, or lack of, regarding the lender’s ill-fated hedge. Processing Content Shareholder Doug Bond filed a class action lawsuit against UWM Holdings Thursday in a Michigan federal court, seeking to cover investors who bought the company’s securities between…
Homebuyers can now view temperature, precipitation, snowfall, humidity and UV index information on all for-sale listings When you’re buying a home, it’s about more than bedrooms, bathrooms and square footage. You also want to know what everyday life will actually feel like—from snowy winters and rainy springs to sunny afternoons and humid summers. That’s why…
To be fair, mortgage rates haven’t been far from their long-term highs in over a week, but today’s 30yr fixed index level of 6.83% is functionally equivalent to the actual long-term high of 6.85% seen on July 23rd. Higher rates are driven by weakness in the bond market. The latter can happen for many reasons….
FORO, or fear of running out of money, is a constant low-level (and sometimes high-level) anxiety felt by countless retirees. For many, it is a major reason for spending less than what their advisors and academic research suggest they can safely spend. A recent study in the academic journal Financial Planning Review by David Blanchett,…
Demand from prospective buyers eased slightly in May, while sales activity and stock levels remained largely stable, according to the latest housing insight report from Propertymark. The report found the average number of new prospective buyers registering with each member branch fell to 64 during the month. Despite the dip in demand, viewing activity remained unchanged at an average of 2.2 viewings per available property, while the average…
In This Article According to the media and average Americans, landlords are all rich, lazy leeches growing fat off of honest workers. It’s an easy narrative to spin. Too bad the numbers prove it’s not true in the slightest. Most landlords actually lose money. I did, back when I still bought properties directly. Here’s why…