A federal judge in Illinois ruled in favor of Townstone Financial Inc. and its owner, Barry Sturner, on a motion to dismiss with prejudice a redlining lawsuit filed by the Consumer Financial Protection Bureau (CFPB). In July 2020, the CFPB filed a lawsuit accusing the … Continue readingTownstone wins order to dismiss CFPB’s redlining lawsuit
A federal judge in Illinois ruled in favor of Townstone Financial Inc. and its owner, Barry Sturner, on a motion to dismiss with prejudice a redlining lawsuit filed by the Consumer Financial Protection Bureau (CFPB). In July 2020, the CFPB filed a lawsuit accusing the … Continue readingTownstone wins order to dismiss CFPB’s redlining lawsuit
The past few years in the housing industry have been nothing short of unprecedented. In 2020 and 2021, many homeowners refinanced, locking in historically low 30-year fixed rate mortgages. And now, with the impact of inflation and looming economic uncertainty, home equity lines of credit … Continue readingWhy HELOCs are growing more popular
The past few years in the housing industry have been nothing short of unprecedented. In 2020 and 2021, many homeowners refinanced, locking in historically low 30-year fixed rate mortgages. And now, with the impact of inflation and looming economic uncertainty, home equity lines of credit … Continue readingWhy HELOCs are growing more popular
Mortgage lender and digital financial services company Guaranteed Rate hopes to court builders and borrowers with its newly launched programs — Lock ‘N’ Sell rate lock program and forward commitments – by helping the borrowers secure lower mortgage rates. The rate lock program allows builders … Continue readingGuaranteed Rate loan programs aim for lower rates for builders, borrowers
Mortgage lender and digital financial services company Guaranteed Rate hopes to court builders and borrowers with its newly launched programs — Lock ‘N’ Sell rate lock program and forward commitments – by helping the borrowers secure lower mortgage rates. The rate lock program allows builders … Continue readingGuaranteed Rate loan programs aim for lower rates for builders, borrowers
Let’s first state the facts regarding our country’s wonderful week in labor data. Job openings are over 11,000,000 Jobless claims are under 200,000. The unemployment rate in America is 3.4%. When we look at the history of U.S. economics, this week is one for the … Continue readingPositive jobs report sends mortgage rates higher
Let’s first state the facts regarding our country’s wonderful week in labor data. Job openings are over 11,000,000 Jobless claims are under 200,000. The unemployment rate in America is 3.4%. When we look at the history of U.S. economics, this week is one for the … Continue readingPositive jobs report sends mortgage rates higher
This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look … Continue readingAltos Research housing market predictions for 2023
This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look … Continue readingAltos Research housing market predictions for 2023