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Amid Harvard feud, judge blocks White House attempt to withhold HUD funds from Cambridge
Amid the White House feud with Harvard, a judge has blocked HUD’s attempt to withhold homelessness prevention funds from Cambridge, Massachusetts.
nCino cuts 7% of workforce as it talks up AI opportunities
In an email obtained by HousingWire, CEO Sean Desmond said that 7% of nCino’s global workforce — equating to about 1,880 people — is departing due to the RIF.
Mortgage rates keep climbing, but so does homebuyer demand
Mortgage rates continued to rise over the Memorial Day weekend, renewing calls for benchmark rate cuts even as home purchase demand is up.
Ex-employee sues CrossCountry, branch manager for sexual harassment, retaliation
A former employee at CrossCountry Mortgage has accused a branch manager in Georgia of sexual harassment and said the company retaliated against her after she complained.
The Fed is not done with rate hikes, even as the housing industry begs for mercy
The housing industry — struggling with low inventory — wants the Fed to halt making further interest rate hikes, though that seems unlikely. How long will the market volatility last?
Fed pauses rate hikes in June. But how long will it last?
The Fed has maintained the federal funds rate in the 5% to 5.25% range. Economists say mortgage rates will probably keep moving sideways for the next couple of months.
