Mortgage Industry News
The U.S. Needs More Housing Than Almost Anyone Can Imagine
Source: The Atlantic --- How many homes must the United States’ expensive coastal cities build to become affordable for middle-class and working-poor families again? Over the past few weeks, I asked a number of housing experts that question. I expected a...
October Was a Spooky Month for the U.S. Housing Market
Source: Mansion Global --- Would-be buyers are turning their backs on the turbulent U.S. housing market in droves, according to new data released from Redfin on Monday. The number of pending sales, the amount of deals being scrapped and the proportion of homes seeing...
Servicing platforms for mortgage lenders will be buffer for rising rates, says Argus’ Heal
Source: CNBC --- Kevin Heal, Argus Research, joins ‘Power Lunch’ to discuss which mortgage lending stocks are best set up for growth and how rising interest rates will affect the sector.
Is Costco Good for Mortgages?
Source: US News --- Costco is known for selling jumbo quantities of food and toiletries, rotisserie chickens and pizza, and furniture and large appliances from its warehouse-style stores across the country. The members-only wholesale chain also offers something even...
Lovett: House to consider housing choice voucher bill
Source: Eagle Times --- How many of us have experienced financial hardship due to circumstances beyond our control? Job markets, education and experience levels, family dynamics, and health all impact our earning ability. When that ability is outpaced by the cost of...
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