Economy
Consumer sentiment index records another sub-50 score in September
In survey’s 74-year history, there had never been a reading under 50. There have been four since April.
In survey’s 74-year history, there had never been a reading under 50. There have been four since April.
Survey highlights growing use of digital closings alongside continued demand for traditional processes
Immigration and lending changes could slow future progress after run of record homeownership and household formation
Outgoing CEO will also be replaced as chairman by Fannie Mae veteran Andrew Bon Salle
Newrez survey finds 51% carry credit card debt month to month, yet 90% prioritize mortgage payments
The company’s founder is seeking to remove five board members and interim CEO Daniel Lewis after an unsuccessful effort to reverse his ouster
The University of Michigan’s September reading came in well below economists’ forecasts
The OCC and FDIC proposal would raise asset thresholds for bank classifications and impose new requirements on community development grants
Change could make it harder for people with disabilities to challenge accessibility violations in multifamily housing
Mortgage industry groups welcome expanded use of VantageScore 4.0, debate the potential end of the tri-merge requirement
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