The seasonal housing inventory peaks and bottoms have happened later than usual in the past few years. Last week, we saw a noticeable decline in both active inventory and new listings, which isn’t abnormal. In the past two years, starting in mid-November, mortgage rates have fallen and we have seen positive, forward-looking housing demand data….
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And what happens if they don’t?
The temporary restraining order alleges that Tal and Oren Alexander moved the underlying collateral on a loan that the firm extended to Official Partners two years ago in a potential attempt at “dissipating the assets.”
Regulators have signed off on plans to restructure insurance business into a company that’s owned by policyholders and operated by Porch, insulating it from catastrophic weather events.