Two new data reports from the Mortgage Bankers Association (MBA) pointed to positive developments in the home loan market. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1.4% on a seasonally adjusted basis in the week...
The seller of a luxury property in Miami’s Indian Creek Village is suing the real estate brokerage Douglas Elliman (NYSE: DOUG) for not disclosing the buyer of the property was Amazon (NASDAQ: AMZN) founder Jeff Bezos. According to Wall Street Journal coverage sourced...
Tuesday night’s debate between former President Donald Trump and Vice President Kamala Harris virtually ignored barely mentioned housing issues, with Harris making fleeting references to the subject while Trump did not address the issue and the ABC News moderators...
Year-over-year home price gains inched down in July to 4.3%, according to new data from CoreLogic. This was below June’s 4.7% year-over-year reading and came in below 5% for the third consecutive month. No states posted annual home price declines. The states with the...
Rohit Chopra is director of the Consumer Financial Protection Bureau (CFPB). This article is adapted and edited from a speech delivered yesterday at the National Housing Conference in Washington, DC. While we often focus on homeownership as a vehicle for accumulating...
A 208-unit apartment tower in Clearwater, Florida, that operated for 50 years as an affordable senior living complex before being turned into market rate housing that displaced its financially vulnerable residents is being transitioned into an affordable housing...
