Unison faces more legal trouble over allegedly deceptive home equity agreements
A newly filed class-action lawsuit accuses home equity investment (HEI) company Unison of misleading homeowners and structuring its products in ways that leave customers with far less equity than expected. The complaint, filed April 6 in the U.S. District Court for the District of Colorado by plaint
Virginia cities gain new tools to increase affordable housing supply
For Virginia state Sen. Jeremy McPike, the third attempt was the charm for a bill that lets municipalities rezone to encourage affordable housing. It just took a new governor. Gov. Abigail Spanberger signed into law this week a measure giving every city and county in Virginia the authority to adopt
Why the hiring rate matters more than unemployment for the housing market
After painful delays following last fall’s government shutdown, labor market data is finally back on a consistent pace. Last week we filled in hiring, quits and layoffs from the BLS JOLTS report for February, plus unemployment numbers for March and the latest initial claims for the first week of Apr
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