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Freddie Mac Extends Mortgage Assistance to Very Low Income Borrowers
The funds can also be used to cover closing costs, escrow and mortgage insurance premiums. Continue Reading Freddie Mac Extends Mortgage Assistance to Very Low Income Borrowers
Household Debt Reached $17.5 Trillion in Q4 2023
Mortgage balances rose by $112 billion from the previous quarter and stood at $12.25 trillion at the end of December. Continue Reading Household Debt Reached $17.5 Trillion in Q4 2023
JPMorgan Chase to Add 500 Bank Branches by 2027
JPMorgan Chase (NYSE:JPM) has announced plans to add over 500 new bank branch locations across the U.S. by 2027. According to combined media reports, the new branches will be in markets where the bank is under-represented – including Boston, Charlotte, Minneapolis,...
John ‘Buz’ Gorman, Longtime General Counsel for the CSBS, Has Died
Gorman started his career at CSBS in 1996 and served as its general counsel for the last 15 years. Continue Reading John ‘Buz’ Gorman, Longtime General Counsel for the CSBS, Has Died
Opendoor to Air Live Commercial of Home Sale During Super Bowl Halftime
Livestream footage of this commercial will air on Atlanta television and on the Opendoor.com website. Continue Reading Opendoor to Air Live Commercial of Home Sale During Super Bowl Halftime
Data Study Finds Blacks Only Own 10% of Homes While Whites Own 69%
A new data study by LendingTree (NASDAQ:TREE) on racial disparities in homeownership has determined Black people make up an average of about 15% of the population across the nation’s 50 largest metros, but they only own an average of 10.15% of homes. In comparison,...
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