Limited availability of for-sale homes to start 2023 has created concerns among aspiring home buyers as spring begins, according to two new housing research reports. A little under 830,000 properties were on the market at some point in February, economists at Zillow said in its monthly housing report. The number is the second lowest figure … [Read more…]
First Republic Bank, the fourth-largest non-agency jumbo lender in America, is exploring strategic options, including a sale and a capital infusion, and is expected to attract interest from larger rivals, Bloomberg reported on Wednesday
Wells Fargo agrees to $3.7 billion settlement with CFPB over consumer abuses CNBC
Blend Labs is focused on cutting costs and courting more users to its Blend Builder platform after posting a $768.6 million net loss in 2022.Â
Housing starts rose in February as builder sentiment and buyer demand increase, but economic uncertainty still poses challenges.
The Department of Housing and Urban Development has confirmed its proposed reversal of a 2020 change to a rule governing Fair Housing Act claims. A new rule set to go into effect 30 days after publication in the Federal Register reverses the one the Trump administration put into place related to so-called disparate impact claims. … [Read more…]
A group of 11 U.S. banks has agreed to make $30 billion in deposits at First Republic Bank to avoid another regional bank failure.
Despite economic uncertainty, homebuilders remain optimistic in March, but six month outlook falters slightly.