Items Tagged with 'Cinco de Mayo'


  • Monday Morning Cup of Coffee: Start of year sees strongest home price growth since 2005

    Happy Cinco de Mayo! Hispanic homeownership is booming
    Home prices increased at the start of 2018 at its fastest rate since 2005. One metro, in fact, had an annual home price growth higher than the median home price in most U.S. metros. Also, did you celebrate Cinco de Mayo this weekend? Here’s a quick history lesson and the current state of Hispanics in housing and the U.S. economy.
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  • Accredited Gets More Liquidity from Wachovia

    I must have missed this while enjoying an early Cinco de Mayo libation, but in a filing with the SEC last week, Accredited disclosed that it had received a bump in its warehouse funding from Wachovia. The subprime lender now has an additional $250 million to work with, as its credit line went up from $500 million to $750 million. I'm not really sure what this entails -- perhaps just a signal that Wachovia has more confidence in the subprime lender than it did a few months back.
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