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State mortgage regulators need a supervision reset

In the wake of downsizing by the Consumer Financial Protection Bureau, attention to supervision and enforcement of non-bank mortgage lenders has turned to the states.   Processing Content In late April, Mark McArdle – a former top mortgage official of the CFPB – wrote a sobering Loan Think piece that scrutinized state supervision of non-bank mortgage […]

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US pending home sales see biggest gain since September 2024

Pending sales of US existing homes had their strongest gain in nearly two years in May, sustaining a slight rally in the beleaguered home resale market. Processing Content Contract signings rose 3.8% to 76.8 last month, according to National Association of Realtors data released Wednesday, a faster pace than all estimates in a Bloomberg survey.

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Think Home Prices Will Crash? Here’s What the Experts Actually Expect.

One of the biggest reasons buyers are still sitting on the sidelines is because they think home prices are going to come down. And nobody wants to overpay or buy right before values drop. But here’s the question worth asking: What if the crash you’re waiting for isn’t actually coming? Because that’s what the latest

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