Life of Social Security trust fund gets slight extension

Social Security is often the centerpiece of seniors’ fixed income in later life, and while predictions remain limited for the life of the program’s trust fund, there was some good news recently from the Social Security Board of Trustees this week: the fund will last a year longer than predicted in 2
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Mortgage tech firm Blend Labs reported another loss in the first quarter of 2024, but its executives remain confident the company will deliver profits by the end of this year. To reach this goal, the company recently received a $150 million injection from private equity firm Haveli Investments and p
Read More Judge approves brokerage commission lawsuit settlement agreements

After months of uncertainty, the real estate industry has a reason to celebrate, at least a little bit. Judge Stephen Bough on Thursday granted final approval to the commission lawsuit settlement agreements reached by Anywhere, RE/MAX and Keller Williams.The settlement agreement will become effectiv
Read MoreUWM returns to profitability in Q1 amid MSR sales, improved margins

UWM Holdings Corp., the parent of United Wholesale Mortgage (UWM), returned to profitability in the first quarter of 2024 despite higher rates, a lack of inventory and a decline in the fair value of its mortgage servicing rights (MSRs). The quarter’s positive performance was supported by increased o
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