Washington Post, Sept. 8, 2021–Michele LernerAs of Sept. 18, Fannie Mae will have a new feature in its automated underwriting system that will incorporate rent payments with the permission of …
Group Newslink: MBA Commercial/Multifamily NewsLink Sept. 9 2021
Deals Spree Puts Banks on Track for Busiest-Ever Year
Wall Street Journal, Sep. 7, 2021–Peter Rudegeair and David Benoit (subscription)A merger wave is minting money for Wall Street. At big banks and boutique advisory firms alike, deal-advisory revenue reached …
Biden Affordability Efforts Make No Waves in Housing Industry
HousingWire, Sept. 7, 2021–Georgia KromrieBob Broeksmit, president of the Mortgage Bankers Association, said the trade association “strongly supports” efforts to increase supply by spurring construction and rehabilitation of homes for …
Foreign Investors Gravitate to Non-Gateway Markets
Wealth Management Real Estate, Sept. 7, 2021–Jenn ElliotStrong growth prospects and less intense competition is leading cross-border investors to secondary and tertiary markets.https://www.wealthmanagement.com/investment-strategies/foreign-investors-gravitate-non-gateway-markets?
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New York Poised to Join Ranks of States Extending Eviction Moratorium
Wall Street Journal, Sept. 1, 2021–Jimmy Vielkind and Will Parker (subscription)New York lawmakers passed a bill Wednesday to extend the state’s eviction moratorium until Jan. 15, a move they said …
Don’t Mind the Gap in Intergenerational Housing
New York Times, Sep. 2, 2021–Karrie JacobsSeveral new developments make a point of mixing age groups, because who wants to enter the golden years surrounded by only old people?https://www.nytimes.com/2021/09/02/style/housing-elderly-intergenerational-living.html