Mattie Bekink of the Economist Intelligence Corporate Network says the country's property sector could stabilize in the second half of the year, which could "smooth out" its uneven recovery from the Covid pandemic.
Meredith Whitney Advisory Group founder and CEO Meredith Whitney joins 'Squawk on the Street' to discuss why she thinks there's little risk of the housing downturn in the next five years, her comeback in the business, and more.
Mr. Cooper Group CEO Jay Bray joins 'The Exchange' to explain why his company's stock is doing much better this year, which is up by 15% year to date, and his take on rising mortgage rates and the future of AI in the housing industry.
Housing markets are undergoing a fundamental shift because of higher mortgage rates and as global central banks keep up the inflation fight by hiking interest rates. Against this backdrop, some — including a 'Big Short' investor — fear the real estate sector is overlooking a systemic issue: flood risk.
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