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A near-record share of homeowners unable to sell their properties are renting them out instead, with "accidental landlords" accounting for 2.3% of listed rental stock in October, per Zillow data.
March 11
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Residents in more than half of U.S. counties need greater than one-third of income to successfully manage major housing costs, according to new Attom research.
March 11
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Federal Deposit Insurance Corp. Chair Travis Hill said in a speech Wednesday morning that the agency will move to codify stablecoins as ineligible for deposit insurance — which is required under the GENIUS Act — and that the prohibition likely will include pass-through deposit insurance arrangements.
March 11
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At an industry conference Tuesday, bankers said that an extended war with Iran will result in adverse economic conditions, including inflation.
March 10
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Kim Farrell, former global head of creators for TikTok, joins the Brazil-based neobank to develop its international brand strategy as it expands into the U.S.
March 10
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Dean Bass, who served as CEO at two Houston community banks, plans to acquire Lone Star Bank in a deal expected to close this summer.
March 10
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The online lender, known for being an AI pioneer, says it wants a national bank license simply for efficiency's sake.
March 10
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Nonagency underwriting is expanding but the public sector is a different story due to recent performance issues, according to the Mortgage Bankers Association.
March 10
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Several mortgage wholesale and partnership channel announcements came out coincidentally following loanDepot's return to the broker channel.
March 10
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The 30-year fixed-rate mortgage fell below 6% at the end of last month for the first time since 2022, bringing purchase borrowers back to the market.
March 10
