Bill Fleckenstein relays a story from a subprime exec, who says that New Century, Accredited, and NovaStar are about to hit the wall.
A house of cards
Most Popular Articles
Latest Articles
FTC bans noncompete clauses nationwide
The measure follows up on a 2021 executive order by President Biden, but one group has already vowed to challenge it in court.
-
New home sales still growing from 2022 lows
-
Guild Mortgage CEO on values, culture and M&A priorities
-
US Mortgage Corporation committed to reverse channel, new HECM head says
-
Labor Department announces new rule to shield retirement savings
-
loanDepot CEO talks ‘longer and tougher’ mortgage cycle, NAR settlement and cyberattacks