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High Fees By Nonbank Lenders Put Black And Latino Homebuyers In Disadvantage: Report
Wednesday, December 20, 2023 - 7:22am | 607Nonbank lenders, who now lead the charge in the U.S. residential mortgage sector worth $12 trillion, have been found to impose higher fees, disproportionately affecting Black and Latino homebuyers. What Happened: As per a recent Bloomberg analysis published on Tuesday, conventional banks have...
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SoftBank Makes $500 Million Bet On Mortgage Market With Investment In Better.com
Sunday, April 11, 2021 - 10:31am | 417Better.com has gotten a valuation boost and an injection of capital from SoftBank Group Corp (OTC: SFTBY) (OTC: SFTBF). SoftBank, the Japan-based conglomerate run by Son Masayoshi and manager of the $100 billion Vision Fund, is investing $500 million in Better.com, a consumer mortgage lending site...
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Fintech Focus For February 26, 2021
Thursday, February 25, 2021 - 7:35pm | 1724Quote To Start The Day: “The time to settlement equals counterparty risk, which can become elevated during market shocks. It can also lead to the need for higher margin requirements, which are critical to protecting the financial system and investors against a firm default.” “We...
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When Should You Upgrade From Your Starter Home?
Thursday, May 31, 2018 - 4:22pm | 1020This article was originally published on Unison. When you first buy a home, it feels like moving into a palace. Not only is the space typically bigger than what you were renting, but you no longer have to deal with nosy landlords and ignored service requests. You’re in charge of your own...
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How Long Do These 18 Home Improvements Last?
Monday, July 24, 2017 - 1:54pm | 965The following article originally appeared on Unison.com. Let’s face it: the maintenance on a home can be quite challenging. “A house does not have a check engine light. In other words, you don’t know something is wrong until it happens,” says Frank Lesh, executive...
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What Is A Savings Plan And How To Make One
Tuesday, June 13, 2017 - 11:12am | 2132Want to reach a big financial goal? Does it feel overwhelming to think about the amount of money you need to save to get there? You need a savings plan to break things down into bite-sized pieces, give you direction, and provide you a way to achieve your goal one step at a time. The phrase “...
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These Are The Most Affordable Cities In America To Buy A Home
Monday, June 12, 2017 - 9:27am | 774What’s the most affordable major city in America to buy a home? Cleveland? Detroit? Houston? According to a new report by Unison, it’s Kansas City. The Unison Home Affordability Report 2017 cross-referenced 2015 U.S. Census and publicly available property data with Unison’s...
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This Might Be The Best Time In History To Be A Homebuyer
Wednesday, June 8, 2016 - 1:31pm | 303In a new blog post, A Wealth of Common Sense’s Ben Carlson argues that there’s never been a better time to buy a house. Surprisingly, housing prices have nothing to do with his argument. “Everything is online these days, and you can typically see 20–30 pictures of every...
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Should You Add Homebuilders To Your Portfolio?
Wednesday, October 14, 2015 - 1:34pm | 405Homebuilders have seen a surge in demand this year, as more Americans gain full-time employment and have the spending power to purchase own homes. Government data showed that U.S. residential construction spending exceeded $36 billion in August, the highest it has been since 2007. While most agree...