Opendoor Technologies Inc. shares surged by as much as 69% Thursday after announcing the return of its co-founders to the board and a new chief executive officer.  If the advance holds it will be the biggest one-day gain for the home-flipper turned meme stock on record — continuing its blistering 450% run up since mid-July […]

Foreclosure starts are notably up from last summer as the strain of today’s high-cost environment is affecting more borrowers.  Lenders began the foreclosure process on 24,254 properties last month, up more than 17% from last August according to Attom. The total 35,697 U.S. properties with foreclosure filings last month represented 1 in every 3,987 homes

Key Insight: Congress passed the president’s massive tax and spending bill in July that lowered the maximum amount of funding the CFPB can request from the Federal Reserve System. Supporting Data: The CFPB’s fiscal 2025 operating budget is capped at an estimated $446 million, a 43% drop from the funding cap of $785.4 million in