NYC, Los Angeles, and London still had the most ultrawealthy homeowners as of December. The pandemic even sparked the purchases of second residences.
Mortgage delinquencies rose a seasonally adjusted 8.22% in the second quarter to a nine-year high, according to a Monday report from the Mortgage Bankers Association. The nearly 4% jump from the previous quarter was the largest in survey history, according to the report. In addition, the delinquency rate for FHA […]
The Judicial Council of California voted 19-1 on Thursday to lift its moratorium on most evictions and foreclosures. “The judicial branch cannot usurp the responsibility of the other two branches on a long-term basis to deal with the myriad impacts of the pandemic,” Chief Justice Cantil-Sakauye said in a statement. […]
Steven Mnuchin is miffed as heck, and...