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You’re reading Investor Junkie’s weekly newsletter that gets you caught up on the week’s financial news in less than five minutes. November 7th, 2022 Last week’s...
High mortgage rates and looming economic uncertainty caused trillions in equity to evaporate from the housing market in the third quarter of 2022, according to Black...
Despite increased competition, wholesale lender Homepoint has rolled out a new home equity line of credit (HELOC) product. The goal is to court more brokers at...
The residential real estate services industry is in freefall. Not a day goes by without news of another mass layoff, a public company announcing a record...
If you’ve spent much time on investing forums or sub-Reddits (or even TikTok), you’ve probably come across the term “infinite banking” or “banking on yourself”. The...
Success in trading options relies on being able to make a realistic assessment of the risks related to the underlying security in any options contract. To...
Rocket Companies, the parent of Rocket Mortgage, lost money in the third quarter and also appears to have lost its title as America’s largest mortgage originator....
Retail lender and servicer Mr. Cooper has dropped the ax on approximately 800 staffers, roughly a week after hinting that job cuts were coming due to...
Payday loans are one of the worst financial products. With interest rates that can climb above 400% (on an annualized basis), payday loans are costly and...
In the past few years, plenty of real estate crowdfunding companies have launched, promising strong returns and easy access to real estate deals. This amount of...