Commercial Observer, Apr. 27, 2016–Knakal, Robert
The dynamics in the broader New York City investment sales market for the last six months have looked like the quintessential beginning of a market correction. What has been surprising this time around is the relative strength of the office sector.
Reuters, Apr. 27, 2016–Dunsmuir, Lindsay; Lange, Jason
The Federal Reserve held interest rates unchanged on Wednesday and while it left the door open to a hike in June, its statement implied that it was in no hurry to follow on from its December rate rise.
National Mortgage Professional, May 3, 2016–Hall, Phil
The challenges facing renters remained considerable, according to a pair of new data reports.
National Mortgage News, May 3, 2016–Reosti, John
At least one banker has gone public with expectations that the Office of the Comptroller of the Currency will force his institution to hold more capital. More could soon follow.
New York Times, May 3, 2016–Hurdle, Jon
Seeking to do more than provide basic homes for its residents, Philadelphia’s public housing agency is taking a new approach to neighborhood revitalization. In its latest project, it is adding commercial and educational development to its main role of home building, aiming to address the underlying causes of urban distress.
Scotsman Guide, May 3, 2016–Whitman, Victor
Freddie Mac reported a loss in the first quarter driven by lower interest rates and widening spreads on mortgage securities. Mortgage Bankers Association President David Stevens said Freddie’s loss underscored the need for Congress to embark on GSE reform.
Consumer Affairs, May 4, 2016–Huffman, Mark
Home buyers aren’t the only consumers paying more to put roofs over their heads. Rents have been rising just as fast, according to the Mortgage Bankers Association–faster in some cases.
Wall Street Journal, Apr. 26, 2016–Brown, Eliot
Google parent Alphabet Inc. has legions of Web developers. Soon it might be in need of real-estate developers.
MarketWatch, Apr. 26, 2016–Riquier, Andrea
As the housing market recovers, investors are taking another look at some of the investments derived from bets on mortgage credit. Real estate investment trusts that buy mortgage-backed securities and other income-producers may be ready for their moment.
Wall Street Journal, Apr. 25, 2016–Borak, Donna
Large U.S. banks would have to prove they have enough cash to withstand severe market turmoil lasting as long as a year under a new rule set to be proposed Tuesday.
