This is why you can't blame Millennials for low homeownership rates

Bill to eliminate $6M raise for Fannie, Freddie CEOs passes House Committee 57-1

Growing bipartisan support means passage likelier

Pending home sales drop for the first time in 2015

May level down 1.8% on low inventory, escalating prices
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Investments

Dimont announces sweeping senior management changes

Names new CEO, CFO, general counsel; promotes other senior staff
Dimont, which divested itself last year from the now-bankrupt Wingspan Portfolio Advisors, announced a series of significant changes to its senior management. Dimont provides insurance-related services and hazard claims insurance processing services to the residential and commercial mortgage industries.
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HomeUnion continues to expand

Adds five news metros for SFR
HomeUnion announced another expansion, adding five major metros into its list of active investment markets. As the rental market continues to grow, Don Ganguly, CEO of HomeUnion, said that he sees high profit for the single-family rental market.
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Altisource announces acquisition of CastleLine

Provider of mortgage underwriting insurance joins Altisource family
Altisource Portfolio Solutions, a marketplace and transaction solutions provider for the real estate, mortgage and consumer-debt industries, announced Thursday that it is acquiring CastleLine Holdings, a specialty risk management and insurance services firm.
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