In cities and towns across the United States and much of the world, the same anxious conversation echoes: “Why are homes so expensive?” From young families locked out of the market, to renters seeing leases soar, to seniors unable to downsize affordably, the housing crisis has become a defining issue
Mortgage servicing company Mr. Cooper Group (NASDAQ:COOP) missed Wall Street’s revenue expectations in Q1 CY2025, with sales flat year on year at $560 million. Its non-GAAP profit of $2.97 per share was 1.8% above analysts’ consensus estimates.
Senators Elizabeth Warren, Cory Booker, Bernie Sanders, Mazie Hirono, and Tina Smith sent a letter voicing their concerns to the heads of the Justice Department and the Federal Trade Commission on Wednesday.
