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Reverse Mortgage Funding and its parent company Reverse Mortgage Investment Trust have filed for Chapter 11 protection in the U.S. Bankruptcy Court for Delaware. RMF suspended all origination activity earlier this month; more recently, the…
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WASHINGTON — After months of rapid hikes, the Federal Reserve is poised to slow its pace of rate increases during its next Federal Open Market Committee in two weeks. In public remarks on Wednesday afternoon, Fed Chair Jerome Powell…
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A significant share of Americans — 41% — believe the housing market is headed for a crash in the next 12 months and three-quarters of those think it will be worse than the 2008 downturn, a LendingTree survey found. Among those predicting a…
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