Distressed Assets
May foreclosure filings fall, but repossessed homes spike
Lenders repossessed 34% more homes last month compared to 2024
Lenders repossessed 34% more homes last month compared to 2024
Both purchase applications and refinances increased last week: MBA
May’s 2.4% inflation reading still shows few signs of tariff impacts
The legislation aimed at curtailing spam calls to homebuyers moved closer to a floor vote
Rate-and-term refinances plunged 44.4% last month
Both conventional and government loan supply grew last month
The GOP-backed provision goes even further than legislation passed by the House
Labor market sentiment also improved after cratering in April: New York Fed
Despite that gloomy figure, homebuyer sentiment improved in May
Sen. Elizabeth Warren led calls for the FHFA director to explain how mortgage borrowers would be impacted
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