The Houston Chronicle, among others, is reporting that former subprime lender Ownit Mortgage has filed for bankrupty protection.
Ownit files for BK
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Home equity gains slowed in Q3. Are prices stabilizing?
U.S. mortgage holders experienced a home equity increase in the third quarter of 2024 — up 2.5% year over year to a total of $17.5 trillion nationwide. But that was down from 8% growth in the second quarter, and negative equity also ramped up for the first time in two years, according to a CoreLogic report.
