Key insight: Federal Reserve Vice Chair Philip Jefferson, who is overseeing changes to the discount window, said the exercise is not only important for the banking system but also financial stability more broadly. Expert quote: “The U.S. Treasury market serves as the foundation for pricing risk across all asset classes, facilitating the efficient allocation of […]

Condominiums have long been one of America’s most important sources of affordable homeownership.  More than one-third of Americans – 78 million individuals – live in condos and other shared ownership options that use community associations. For first-time buyers, moderate-income households, retirees looking to downsize and families in high-cost markets and metropolitan areas, a condominium often

After 25 years in mortgage lending, one pattern has become difficult to ignore: Our industry is very good at helping people who are ready to transact, but inconsistent at helping people become ready. We have built faster applications, better verification tools, more precise underwriting systems and increasingly automated follow-up. Those improvements matter. But they mostly