Home prices are surging this month to their highest annual growth rate in 15 months, despite mortgage rates reaching an 11-month high, according to the latest data from Intercontinental Exchange. Processing Content The annual growth rate jumped from 1.3% in June to 1.7% in July, marking the fifth consecutive month of acceleration and the largest […]
Price gains accelerate despite 6.5%+ rates Read More »
Altisource Portfolio Solutions reported a net loss Thursday morning it plans to recover from by building business in its Hubzu real estate market and mortgage cooperative outside of legacy client relationships with industry giants Rithm and Onity. Processing Content The net loss of $562,000 million in the second quarter was down $17.1 million from the
Altisource in the red for Q2, looks to diversify clientele Read More »
Key insight: Johnson, the former No. 2 at the CFPB in the first Trump administration, dodged direct questions about whether he would pursue drastic staff cuts as his acting predecessor has. What’s at stake: He claimed that he keeps an “open mind” about staffing levels and deflected questions from Sen. Elizabeth Warren, D-Mass., about allegedly blatant
CFPB pick Johnson eludes Democrats in confirmation hearing Read More »