At Long Last, Wall Street Sees Path to Return to the Office

Bloomberg, Mar. 17, 2021–Jennifer SuraneNew York City is reopening, vaccinations are accelerating and spring brings with it an air of optimism. For Wall Street’s banks, that means a return to …

U.S. Commercial Mortgage Debt Outstanding Hits $212 Billion in 2020

World Property Journal, Mar. 17, 2021–MIchae GerrityAccording to the Mortgage Bankers Association’s Latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report, U.S. commercial/multifamily mortgage debt outstanding at the end of 2020 was …

Renters and Biden’s $15,000 Homebuyer Tax Credit

HousingWire, March 16, 2021–Alex RohaThe housing industry has been keeping a keen eye on President Joe Biden’s proposed $15,000 homebuyer tax credit for first-time homebuyers. But just how many people …

Freddie Mac Appoints Mark Crier as Interim CEO

National Mortgage News, Mar. 16, 2021–Brad Finkelstein (subscription)The company is still searching for someone to fill the roll on a full time basis, but the $600,000 annual salary cap may …

Retail Sales, Manufacturing Slip Ahead of Expected Spring Rebound

Wall Street Journal, Mar. 16, 2021–Amara Omeokwe (subscription)U.S. retailers and manufacturers slumped in February due to winter storms and supply-chain disruptions, but a broader economic rebound appears poised to accelerate …