One of the country’s leading mortgage lenders is moving into crypto, allowing borrowers to submit digital holdings as assets to be considered when applying for certain home loans. Processing Content National lender and servicer Newrez announced it will begin to recognize and accept cryptocurrencies in February across its Smart Series suite of nonagency products without […]
Newrez announces plan for crypto in originations Read More »
Sales of new homes in the US were little changed in October near the strongest pace since 2023 as builders lured anxious customers with price cuts and incentives. Processing Content New single-family home sales eased 0.1% to an annual rate of 737,000 following a 3.8% September increase, according to government data released Tuesday. The report,
Sales of new US homes hold close to fastest pace since 2023 Read More »
Processing Content Key insight: Inflation showed little sign of slowing in December, with monthly and annual inflation rates unchanged from November. Prices rose 0.3% in December and 2.7% year over year. Supporting data: Core inflation, measuring the rise in prices excluding food and fuel, rose 0.2% in December. Food prices rose 0.7%. Dairy products rose
Inflation holds steady at 2.7% as December prices stay hot Read More »