Nathan Connolly and his wife, Shani Mott, say an appraisal company undervalued their home based on their race. The couple has filed a lawsuit in Maryland.
Tag: Mortgages
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Real Estate Crisis Is at the Heart of China’s Economic Troubles
In a rare act of defiance, people across the country who bought property from indebted developers are refusing to repay loans on their unfinished apartments.
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If the Economy Is Shaky, Why Are Company Profits Still Strong?
Corporate optimism may seem at odds with the Fed’s grim determination to hold back the economy to get inflation down, but earnings tell a story that other data doesn’t.
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Federal Reserve Makes Another Supersized Rate Increase to Tame Inflation
The central bank raised rates by three-quarters of a percentage point and suggested additional large increases could be warranted.
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What Fed Rate Increases Mean for Mortgages, Credit Cards and More
Savers will benefit and borrowers can expect to pay more on credit cards, student loans and other forms of debt.