President Biden signed his landmark, bipartisan infrastructure bill into law Monday afternoon. CBS News chief White House correspondent Nancy Cordes joins CBSN’s Elaine Quijano to discuss the new bill, as well as Mr. Biden’s virtual talks with the president of China.Continue Reading
Closing arguments were given in the trial of Kyle Rittenhouse. The 18-year-old could be facing life in prison if convicted of the most serious charge of first-degree intentional homicide. Nancy Chen has more.Continue Reading
The international COP26 climate summit in Glasgow has wrapped up with a global pledge, but climate activists, including Greta Thunberg, have dismissed it as a weak response to the climate crisis. CBS News reporter Cara Korte joins CBSN’s Elaine Quijano to explain what the agreement involves.Continue Reading
El lanzamiento del telescopio espacial James Webb, el principal observatorio de la NASA para la próxima década, está previsto para el 18 de diciembre desde la Guayana Francesa. El telescopio responderá preguntas sobre nuestro sistema solar, estudiará los exoplanetas de forma novedosa y logrará una mirada del universo más profunda de la que hemos alcanzado…Continue Reading
En los últimos días se han reportado varios brotes de gripe aviar grave en Europa y Asia a la Organización Mundial de Sanidad Ambiental (OIE), un signo de que el virus se está expandiendo rápidamente…Continue Reading
Este lunes, activistas cubanos buscaban marchar pidiendo derechos para el pueblo, liberación de los presos políticos, entre otros. Sigue aquí minuto a minuto lo que debes saber. ABC de las protestas del 15 de noviembre en Cuba…Continue Reading
Michigan-based wholesale lender Homepoint is the latest firm to announce that it is making five, seven and 10-year adjustable-rate mortgages available to its network of mortgage broker partners, a move designed to generate purchase business. Earlier in November, United Wholesale Mortgage also announced a roll out of prime jumbo ARM products for its broker channel.…Continue Reading
Real estate investors spent a record $63.6 billion to purchase homes in the third quarter, up 78% from a year earlier, with an intense housing shortage fueling their returns, according to a Redfin report published on Monday. In total, investors acquired 90,215 homes in the third quarter, an 80.2% increase year-over-year. Redfin defines an investor…Continue Reading
Vishal Garg, founder and CEO, Better.com Better.com is struggling to deal with the waning influence of refis in the mortgage market, with preliminary results published by their SPAC partner revealing that the digital lender expects a net loss between $85 million and $100 million in the third quarter. And the forecast looks even worse for…Continue Reading
The reverse mortgage portion of the Federal Housing Administration’s Mutual Mortgage Insurance Fund (MMIF) has reached a positive capital ratio on the overall government-backed portfolio, according to an annual actuarial review of the fund’s finances and FHA’s Annual Report to Congress, both released Monday morning. Its economic net worth value sits at approximately $3.8 billion…Continue Reading