Philadelphia Mayor Cherelle Parker said October 27 that Citizens Bank has signed on as the first lender for the city’s planned One Philly Mortgage program, a new effort to expand access to homeownership for residents facing high borrowing costs.Parker disclosed...
The U.S. Supreme Court has asked the Solicitor General to weigh in on three mortgage-escrow cases that have produced conflicting appellate rulings over whether federal law shields national banks from state requirements to pay interest on borrowers’ escrow balances....
This morning’s Labor Department data on the addition of 175,000 jobs in April and an uptick in the unemployment rate to 3.9% brought a mixed reaction from economists focused on the housing market. “An economy that is too hot is not good for interest rates,” said...
Hyperscale Data Hires Newmark to Seek Debt for Michigan AI Campus
