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U.S. Housing Market Will Withstand a Wave of Foreclosures When Forbearance Ends

Investors and first-time homebuyers will quickly buy up an impending wave of foreclosures from homeowners saddled with debt during the pandemic  More than 3.3. million of U.S. homeowners will be on the hook for delinquent payments when mortgage forbearance ends. While some of those homeowners who are overleveraged or unaware of their options will contribute …

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Diary of an IPO

Redfin CEO Glenn Kelman kept a diary of the company’s whole IPO process, which he calls “as weird as an abduction by space aliens.” Read it here.

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