Nearly three in five Americans falsely believe their country is in a recession and that the economy is shrinking, with the ...
A new survey that found a majority of people think the country is embroiled in a recession, even though the economy has seen ...
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 by crashing home prices, frozen financial markets and soaring delinquencies ...
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 ...