Nearly three in five Americans falsely believe their country is in a recession and that the economy is shrinking, with the ...
Consumer confidence is low due to perceptions of rising inflation and high unemployment. Learn why S&P 500 is facing a ...
US officials worry the next recession could be intensified by a cascading series of failures in the mortgage industry caused ...
A new survey that found a majority of people think the country is embroiled in a recession, even though the economy has seen ...
Unlike their counterparts, nonbank mortgage companies lack the stable deposits that can serve as a buffer during economic ...
As of 2022, nonbank mortgage companies originated about two-thirds of US mortgages and owned the servicing rights on 54% of mortgage balances, according to FSOC. That’s up significantly from 2008 ...
New York (CNN) — US officials worry the next recession could be intensified by a cascading series of failures in the mortgage industry caused by crashing home prices, frozen financial markets ...
Goldman Sachs’ chief US equity strategist David Kostin believes that now that the S&P has climbed above the 5,200 target he’d predicted, there just isn’t much more room at the top this year.