Homebuying Activity Slips, Jumbo Loan Appetite Has Dropped
The number of applications to secure a purchase mortgage loan for an existing home in the U.S. ticked down a (1) percent over the past week. And having ticked down…
Bank Will No Longer Knowingly Finance Ellis Actors
Facing protests over their role in providing “displacement mortgages” to those who buy tenant-occupied buildings and then invoke the Ellis Act in order to flip the property or occupy it…