Category: Top National News

The Hill, Oct. 31, 2017–Sylvan LaneHensarling, R-Texas, chairman of the House Financial Services Committee, will be forced to step down after three terms leading the panel due to GOP rules.

National Real Estate Investor, Oct. 30, 2017–Bendix AndersonWhile owners of single-family rental properties are still raising rents, they are not doing so as quickly as they had over the last few years.

Bloomberg, Oct. 30, 2017–Matthew BoeslerIf it feels like the rent keeps going up, you’re not alone: The share of U.S. disposable income that went toward such spending totaled 3.81 percent in the third quarter, marking the highest share in data going back almost six decades.

Scotsman Guide, Oct. 27, 2017–Victor Whitman”Actions may take shape that will motivate members of Congress, particularly on the Senate Banking Committee, which I think is the most important voice on the subject to begin moving forward,” said MBA President and CEO David Stevens, CMB.

Bloomberg, Oct. 30, 2017–Sarah MulhollandTo draw consumers with experiences they can’t find online, retail-property owners are slashing the amount of space dedicated to stores and are spending on everything from hotels and apartments to upscale restaurants and skating rinks.

Bloomberg, Oct. 26, 2017–Patrick ClarkRents have increased rapidly across U.S. housing markets as the share of renting households has risen faster than the number of new units. Now, in a survey published Thursday by an apartment-listing service, nearly one in five respondents reports struggling to make the monthly payments.

Wall Street Journal, Nov. 1, 2017–Kate Davidson, Peter Nicholas, David Harrison (subscription)The White House has notified Federal Reserve governor Jerome Powell that President Donald Trump intends to nominate him as the next chairman of the central bank.

National Real Estate Investor, Nov. 1, 2017–Beth Mattson-Teig Over the past two years, banks wary of taking on construction risk have lowered leverage, increased rates and applied more conservative underwriting.

HousingWire, Oct. 25, 2017–Ben LaneOne would never have gathered as much during his rousing speech at the Mortgage Bankers Association Annual Convention in Denver or while walking around the Colorado Convention Center, but MBA Annual 2017 will be one of David Stevens’ last major events as the leader of the mortgage industry’s biggest trade group.

National Real Estate Investor, Oct. 25, 2017–Beth Mattson-TeigThe continued liquidity for the riskiest tranche of comercial mortgage-backed securities loan pools is good news for borrowers.