Author name: Ricky Vasquez

Federal agencies reverse Biden-era credit guidance

Key takeaway: Federal agencies rolled back Biden-era guidance Monday that encouraged creditors to offer special purpose credit programs to underserved communities. Expert quote: “Federal law does not authorize any generalized remedial ‘equity’ initiatives absent specific cases of unlawful discrimination, and creditors should not rely upon previous guidance which may have suggested otherwise.” — Federal Register […]

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Home prices trail inflation again: where growth still holds

Home prices inched up only slightly to wrap the spring homebuying season.  Processing Content The S&P Cotality Case-Shiller indices posted a 1.5% annual gain in home prices in June, but just a 0.1% monthly increase. While the year-over-year figure represented a slight uptick, the monthly trend was a larger step backward.  The gains trailed inflation

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Better battle escalates as board seeks to block Garg return

The mounting war of words between Better’s board of directors and its former CEO is escalating, as the former goes public in its defense to prevent Vishal Garg from regaining control.  Processing Content In a company update issued publicly on Monday, a special committee of the Better Home and Finance board emphasized that the early-month

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