Builder confidence in the market for single-family homes in September was 41, up two points from the previous month, according to the National Association of Home Builders/Wells Fargo Housing Market Index released today. The current sales conditions index rose one point to 45, sales expectations in the next six months rose four points to 53 and traffic of prospective buyers rose two points to 27.
CFPB releases FAQ on regulation of buy now, pay later products
The CFPB released an FAQ about applying Truth in Lending regulation to buy now, pay later products, such as how to apply credit card periodic statement requirements to pay-in-four BNPL products that are accessed by digital user accounts.