UWM Holdings remains defiant following the vote by Two Harbors Investment shareholders to spurn its offer for the agreed to deal with CrossCountry Mortgage. Processing Content But the company might be better off for not having to go through with the deal, an analyst said. “This chapter of the months-long saga with Two Harbors is […]
UWM concedes but defiant in its views on Two Harbors’ board Read More »
Younger homebuyers are gaining ground in the market, despite persisting affordability constraints, a new industry report found. Processing Content Gen Z accounted for 20% of purchase rate locks in the second quarter this year, the largest share on record, according to Intercontinental Exchange’s July Mortgage Monitor report. The generation, whose oldest members turned 29 this
Gen Z increases homeownership amid affordability struggles Read More »
Key insight: Major changes in the federal student-loan program, authored by congressional Republicans and the Trump administration, offer both opportunity and peril for banks. Supporting data: The $10.8 billion private student-loan market is expected to grow substantially, potentially offering a new opportunity for big banks, several of which exited the market over the last 10
How the federal student-loan overhaul may impact banks Read More »