Banking and Finance

Mar 16, 2023

Mortgage lending slumps again across U.S. 

ATTOM has released its fourth-quarter 2022 U.S. Residential Property Mortgage Origination Report, which shows that 1.52 million mortgages secured by residential property (1 to 4 units) were originated in the […]

May 19, 2021

N.C.’s bankruptcy quirk triggers national debate 

BY CORREY E. STEPHENSON  BridgeTower Media Newswires  A little-known quirk of bankruptcy law in North Carolina is garnering national attention as courts across the country debate whether the different treatment afforded debtors in […]

Feb 3, 2020

American Homeowners Need a New Retirement Plan, Unison Survey Shows

When it comes to retirement, misplaced confidence is high among American homeowners, Unison’s “State of the American Homeowner” survey found. “For many American homeowners, the home is their largest financial […]

Apr 11, 2019

Gen Z Got the Memo: Owning a Home Is Worth It

The youngest generation of homebuyers is not dragging their feet. According to Bank of America’s Homebuyer Insights Report, 59 percent of prospective homebuyers between the ages of 18 and 23 […]

Sep 27, 2018

Mortgage payments require largest share of income since 2009 

The combination of rising rates and strong home value appreciation led to one of the largest recorded quarterly increases in the mortgage burden for homebuyers since the Great Recession. In the […]

Apr 26, 2018

The true cost of bankruptcy

LendingTree has released the findings of its study on the cost of bankruptcy. The findings show that while a prior bankruptcy can make it more expensive to borrow, it’s certainly not impossible […]

Dec 5, 2017

Home buyers need to save $600 a month to keep up with rising prices

For future home buyers wondering when to stop saving and get into the housing market, the math is clear: the sooner the better. With home values forecasted to rise in […]

Nov 20, 2017

First-time buyers stifled by low supply, affordability

Despite solid interest in buying a home – sparked by steady job gains, record low mortgage rates and higher rents – the severe drought in housing supply in much of […]

Oct 12, 2017

U.S. foreclosure activity drops to 11-year low in Q3

According to the latest ATTOM Data Solutions Q3 2017 U.S. Foreclosure Market Report, a total of 191,824 U.S. properties had foreclosure filings — default notices, scheduled auctions or bank repossessions […]

Aug 10, 2017

428,400 U.S. properties with foreclosure filings in first half of 2017

ATTOM Data Solutions has released its Midyear 2017 U.S. Foreclosure Market Report, which shows a total of 428,400 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank […]

Jul 27, 2017

Mortgage servicer satisfaction plateaus as reputation declines, J.D. Power finds

Breaking a multiyear trend of steady improvements, mortgage servicer satisfaction has stalled in 2017, as customers have significant declines in their overall brand perceptions, according to the J.D. Power 2017 […]

Jul 25, 2017

84 percent of Americans see homeownership as good investment

According to the National Association of Realtors’ 2017 National Housing Pulse Survey, concerns over housing affordability show clear demographic divides especially among unmarried and non-white Americans. More than five out […]

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