Mortgages

The number of plans is less than one-fourth of what it was at its pandemic peak, and many are expiring, so the group will replace the weekly measure with a monthly one.

Rising debt-to-income ratios were behind almost a third of refinance rejections among those 65 and older, according to an analysis from the Urban Institute.

Button Finance intends to use the capital to develop its underwriting platform and increase hiring.

Average incomes for this age group increased by 24% since 2012, but housing prices jumped 86%.

The industry is prioritizing Black and Hispanic consumers in the interest of social equity and to tap new markets amid declining refinance volume and rising rates.

Counties in the West faced the least risk from pandemic distress in the third quarter, according to Attom Data Solutions.

While September's single-family starts were unchanged from the prior month, multifamily activity fell 5%, according to government data.

Changes in the Fed, including the replacement of Jay Powell as chairman, might shift the board back to a dovish economic position.

The drop over the 30-day period was in line with a large number of plan expiration dates, and occurred despite the extension of an initial filing deadline for government loans.

Following the federal moratorium’s end, the number jumped, marking the highest quarterly growth on record, according to Attom Data Solutions.