Existing home sales beat estimates, but don’t reflect recent higher rates
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HUD watchdog alleges mishandling of partial claims
The Department of Housing and Urban Development’s Office of Inspector General recently reported that it found many inconsistencies in records for due-and-payable partial claims in a recent audit. Processing Content The most common discrepancy found in 74 instances within a statistical sample of 81 loans from 2021-2024 was that the mortgage servicing files involved were…
TD cuts Canadian home sales forecast as bond yields climb
“Now, I’m comfortable with the 5-year yield. I do think that there’s room for it to begin to pull back, probably not till next year,” Burleton said. He added that yields would not return to March 2025 levels. “They’re going to remain more elevated for longer,” he said. Even under TD’s baseline, sales are expected…
Can You Use a USDA Loan for a Manufactured Home?
For many buyers, manufactured homes offer a more affordable path to homeownership than a traditional single-family home. Pairing that affordability with a U.S. Department of Agriculture loan can make buying a home even more accessible, especially for buyers looking in rural and suburban communities. So, can you buy a manufactured home with a USDA loan?…
Three’s Company: Meta Says Its AI Agents Went Rogue During Testing Too
Meta has joined a growing list of companies saying their models hacked into an external company’s system during cybersecurity testing. In a statement on Thursday, the social media company said its Muse Spark model “exploited a security vulnerability in a third-party service, in a manner similar to previously-reported instances with other companies.” The Meta spokesperson…
My Husband, 45, Had Colon Cancer. We Changed Our Family Diet.
When my husband, a doctor, went in for his first routine colonoscopy at 45 years old, he said nonchalantly, “I’ll be done by noon. Then we can grab lunch.” He recommends that his patients be screened on time, so he was simply following his own advice. He had no symptoms suggesting anything was wrong, so…
Sensex closes almost flat, Nifty ends above 24,580. What lies ahead?
The Indian stock market began the week on a muted note, with the Sensex and Nifty closing almost unchanged from last week’s levels as strong Q1 earnings offset the impact of escalating Middle East worries. The Sensex rose over 43 points to close at 78,542, while the Nifty 50 gained around 13 points to end…
