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First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA Today· 3 days agoIn a recent poll, 71% of potential first-time homebuyers said they won’t enter the market until...
4 Ways Baby Boomers Become ‘House Poor’ in Retirement
GOBankingRates via Yahoo Finance· 6 days agoThere are approximately 72 million baby boomers alive in the United States, as of 2019. Many of...
James W. Wright, Jr.
The National Law Review· 3 days agoJay Wright is a partner in the firm’s Banking and Financial Services and Litigation practice groups. Jay has earned his Accredited Mortgage Professional (AMP) designation ...
FTSE 100 Live 24 May: Index recovers from early plunge but still down, retail sales shock
Evening Standard via Yahoo Finance· 23 hours agoStansted Airport will carry 150,000 passengers over the bank holiday weekend, as British Airways...
China’s Housing Rescue Too Small to End Crisis, Analysts Say
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- China’s latest housing initiative is aimed at vacant properties, a major pain point...
Supreme Court Upholds CFPB Funding Structure, Clears Way for Payday Lending Rule Implementation | JD...
JD Supra· 5 days agoThe issue centered on the manner in which Congress decided to fund the CFPB when it created the agency as part of the Dodd-Frank Act in 2010. The agency is organized under the Federal Reserve ...
Financial Services Roundup: Market Talk
The Wall Street Journal· 4 days ago1544 ET – SPDR Gold shares are down 0.1%, inching lower after underlying gold fell 0.5% to $2,421.70 per troy ounce. 1331 ET – Canadian mortgages are...
Vindicated by Supreme Court, CFPB director says bureau will add staff, consider new rules on banks
Wyoming Tribune-Eagle· 7 days agoSince its creation roughly 14 years ago, the Consumer Financial Protection Bureau has faced lawsuits...
Millennial couple saves $25k, buys derelict house in Italy—"Bit impulsive"
Newsweek· 6 days agoKristina and Paul, a British-American couple who'd prefer to keep their full identities private,...
Beijing is spending $42 billion to save its slumping real estate sector. Analysts say it’s nowhere...
Fortune· 5 days agoThe support package announced Friday features a 300 billion yuan ($42 billion) facility from the People’s Bank of China that will fund bank loans for the state companies charged with buying ...