However, as long as profit margins stay the same it doesn’t affect me much.“ Despite that, the sales rate at foreclosure auctions declined by 3% between the third and fourth quarters even as it remained 2% higher than a year ago. But from November to December, the rate spiked by 7% ...
Subsequently, in the later half-year, filling in an appointment at NPLD at such a junior rank also meant that I got away with many staffing inadequacies, ‘stupid questions’, and could reason that I was of the incorrect seniority to deal with certain complex issues. Through the earlier mont...
For every homeowner who made a killing because she got a fixed-rate mortgage in 1970, there was a new family that couldn’t afford a house in 1980 because interest rates were too high, or a savings and loan that failed because it was weighed down by those fixed-rate mortgages. That who...
" public image following a relentless barrage of client scandals, the Fed's recent historic crackdown on the company due to its culture of fraud, or simply because the US housing market has sharply rolled over, last quarter we showed that Wells Fargo reported the worst set of mortgage […]...
REITs bet big on the mortgage market AM Best: Most homes in Midwest states uninsured for flooding Story #5: Trade Wars: The Superpowers Bare Their Teeth Over Sea Lanes, Borders, Back Doors, and AI The spat between China and the U.S. is nothing new, but what is new is that the Siam...