NPR, Feb. 16, 2020–Benjamin PurperMany small but growing cities around the country are trying to manage growth responsibly by placing housing near public transportation. And, transit-oriented development does have an …
Category: Top National News
Odd Lots: Survival Rates, Single Women, Fake Employers
UExpress, Feb. 14, 2020–Lew SichelmanSingle women may earn just 79 cents, on average, for every dollar earned by men. But they own more homes than single men, according to an …
U.S. Consumer Spending Slowing; Industrial Production Weak
Retuers, Feb. 14, 2020–Lucia MutikaniU.S. consumer spending slowed further in January, with sales at clothing stores declining by the most since 2009, a trend that could raise concerns about the …
Freddie Mac Earnings Mixed as it Builds Net Worth
National Mortgage News, Feb. 14, 2020–Paul Centopani (subscription)Freddie Mac saw a decline in net profit in 2019 due to decreased interest rate income, lower amortization revenue and risk-reducing investment costs, …
Counting Rent Would Improve Credit Scores of Public-Housing Residents, HUD Finds
Wall Street Journal, Feb. 15, 2020–Will Parker (subscription)More public-housing residents would see their credit scores improve if their rent payments were reported to credit agencies, according to a new study …
Mortgage Rates Hover Near Record Lows, But Americans Pay Much More
Bankrate.com, Feb. 14, 2020–James RoyalMortgage rates are now hovering near all-time lows, causing a spike in refinancing in January. Yet while many Americans are rushing to cash in, reducing their …
‘No Two Paths are the Same’ for Women in CRE
GlobeSt.com, Feb. 14, 2020–Natalie DolceThere is no one-size-fits-all approach to successfully navigating a career in commercial real estate. However, continuing education and developing relationships across the industry are significant drivers …
Fannie Rededicates Itself to Hedge Accounting, Multifamily CAS
National Mortgage News, Feb. 13, 2020–Bonnie Sinnock (subscription)Fannie Mae identified the adoption of hedge accounting and regular issuance of multifamily Connecticut Avenue Securities deals as among strategies it could continue …
A-Rod Unloads on His Wins and Strikeouts in Commercial Real Estate
Law.com, Feb. 13, 2020–Natalie DolceBaseball great Alex Rodriguez segued from sports to private equity — and acknowledges at least one investment blooper along the way during a presentation at the …
Letters to the Editor
The Economist, Feb. 13, 2020–Robert Broeksmit, CMB (subscription)MBA President & CEO notes in the aftermath of the financial crisis, independent mortgage bankers stepped up to fill the void when many …