Andrew Lokenauth on Nostr: The largest mortgage lender in America reported a $451.9 million Q2 loss, and its ...
The largest mortgage lender in America reported a $451.9 million Q2 loss, and its stock suffered its biggest drop ever, falling 35% to an all-time low.
Meanwhile, 30-year mortgage rates have climbed to 6.69%, their highest level in more than a year.
Housing affordability is brutal. Sales remain weak. Mortgage delinquencies are rising.
The pressure across the housing market keeps building.
Published at
2026-08-07 15:51:46 UTCEvent JSON
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