MarketWatch recently published an article by Sanjiv Das, CEO, discussing how Millennials rely heavily on capital from their parents for their down payment and even ongoing mortgage payments. With insight from Caliber Loan Consultant, Carese Busby, it’s clear that the trend is very common with customers on the West Coast. Unfortunately, the ‘Bank of Mom & Dad’ fuels income inequality among younger home buyers.

Read the full article here.