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Scotsman Guide reports that a parallel mortgage market has taken shape around forward commitments from home builders, giving new-home buyers access to financing terms that buyers of existing homes simply cannot obtain. This bifurcation means two households with identical credit profiles and identical incomes can walk away with
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HousingWire reports that Michigan lawmakers who cosponsored housing reform legislation cruised through their primaries with an average margin of 47.2 points, a showing that suggests voters are not punishing officials who push for zoning preemption even when local governments push back. The lopsided victories come as state-level
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CBS MoneyWatch reports that more consumers are turning to "buy now, pay later" loans to cover rent, groceries, and other essentials, a trend consumer advocates read as evidence of deepening strain in household budgets. The spread of these short-term installment products into necessities marks a shift
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Variety reports that the Venice Film Festival opened Wednesday with Danny Boyle's "Ink," a drama tracing the rise of Rupert Murdoch's tabloid empire through the volatile partnership between editor Larry Lamb and the media mogul himself. Jack O'Connell and Guy Pearce
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Yahoo Sports reports that the NBA has delivered its verdict on the Clippers investigation, leaving open the question of whether Kawhi Leonard will face suspension and miss time this season. The uncertainty hangs over a franchise already navigating the pressures of contention, with a star whose availability has been
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Yahoo Sports reports that the NBA has handed down significant penalties to the Los Angeles Clippers, team owner Steve Ballmer, and star forward Kawhi Leonard after a league-backed investigation uncovered a salary-cap circumvention scheme. The arrangement involved a so-called "no-show" endorsement deal that
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HousingWire reports that eXp Realty is winding down its mortgage joint venture with Kind Lending, a partnership known as Success Lending that had originated roughly $270 million so far this year, while simultaneously exploring a new arrangement with Newrez. The move underscores how quickly corporate alignments in the real
It’s a luxury many of us dream about: simply being able to buy investment properties for cash without that pesky mortgage payment complicating things every month. With interest rates showing […]
George Clooney delivered a moving speech about the power of art in times of political turmoil at Venice Film Festival on Wednesday night, saying: “Stories are always dangerous to people who peddle in…
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Realtor.com News reports that security deposits have become a fixed hurdle for renters, with more than 65% of independent landlords refusing to waive them. The piece draws a direct parallel between these upfront cash demands and the down payments that keep many would-be buyers locked out of