On Monday morning, when President Donald Trump was a COVID-19 patient admitted to Walter Reed National Military Medical Center, he tweeted in all-caps that Democratic wins in the Nov. 3 election would “SHUT OUR ECONOMY AND JOBS DOWN.” A few hours later, Goldman Sachs, the storied investment bank that Continue Reading
Single mum slashes £917 car insurance quote by £550 a year with ‘pay as you drive’ policy
A SINGLE mum from Slough has revealed how she slashed car insurance bill by almost £550 a year with a “drive as you go” policy. Masika, 26, was quoted an annual policy for £917 but it was “too much” on top of her other bills, reports the Mirror. Masika, 26, Continue Reading
What happens to the refi fee if Biden wins?
After an industry outcry, the Federal Housing Finance Agency on Tuesday said it would delay until Dec. 1 the implementation of the 0.5% adverse-market fee on refinanced mortgages purchased by Fannie Mae and Freddie Mac. That’s almost a month after the Nov. 3 presidential election. If former Vice President Joe Continue Reading
Mapped: The Countries With the Most Foreign Currency Reserves
The Countries With the Most Foreign Currency Reserves In the high stakes game of international trade, holding onto a stockpile of foreign cash gives you options. Forex reserves can help buoy the local currency or even provide much-needed insurance in the case of a national economic emergency. And when reserves Continue Reading
HEROES vs HEALS Act and what they would mean for housing
The HEROES Act, a bill introduced and passed by House Speaker Nancy Pelosi (D-CA) in May, could be signed this week, offering homeowners and renters much-needed relief in light of the COVID-19 pandemic. On the other hand is the Health, Economic Assistance, Liability Protection and Schools Act, aka HEALS Continue Reading
Record-breaking 3.28 million people file for unemployment
When Goldman Sachs recently predicted that 2.25 million people would file for unemployment last week, it made headlines nationwide (including here on HousingWire). That figure would have obliterated the previous weekly record that has stood since 1982. But the actual figure is far, far worse than Goldman Sachs predicted. Continue Reading
RealPage buys Buildium for $580 million
Real estate tech company RealPage announced this week that it acquired real estate property management solution provider Buildium. The company first announced the acquisition just last month but made it official this week by closing on the deal. This is the company’s eighth acquisition since January 2017. RealPage previously Continue Reading