An inadequate supply of homes is likely to remain a challenge for potential borrowers and lenders for many years to come, according to analysts at Freddie Mac.
A California court last month dismissed a borrower’s attempt to bring a class-action lawsuit against Caliber Home Loans over a security breach at the nonbank lender in early 2017.
Some good news: Fannie chief economist Doug Duncan said continued strength in borrower demographics and the labor market offer hope that conditions should stabilize in 2019 and may even improve.
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