The Real Deal, Dec. 24, 2019–Danielle BalbiCommercial real estate data and analytics startup CrediFi is shutting down. The company had discussed selling to firms including Moody’s but no deal ever …
Category: Top National News
Supreme Court Battle, Presidential Race Loom over CFPB in 2020
American Banker, Dec. 23, 2019–Kate Berry (subscription)The Consumer Financial Protection Bureau heads into 2020 with a full agenda but also facing storm clouds that are beyond its control.https://www.americanbanker.com/news/supreme-court-battle-presidential-race-loom-over-cfpb-in-2020?brief=00000158-07c7-d3f4-a9f9-37df9bc10000
New York City’s Luxury Real Estate Market Was Battered in 2019
Bloomberg, Dec. 23, 2019–Nic QueroloContracts signed for homes in Manhattan priced at $4 million or more fell 16% in 2019, with the total value of those deals sliding to $7.65 …
Liked 2019’s Mortgage Rates? 2020 Mortgage Rates Will be Lower
HousingWire, Dec. 23, 2019–Kathleen HowleyWhile rates aren’t going to plunge another percentage point – November’s average rate for a 30-year fixed mortgage was 3.7%, compared with 4.87% in the year-ago …
The Mortgage Market Is Shifting: Why You Should Adapt
National Mortgage Professional, Dec. 23, 2019–J. Tony Thompson III, CMBThe author, founder and CEO of the National Association of Minority Mortgage Bankers of America, says seas of change are roiling …
Fed Confronts Lack of Diversity in Its Ranks
Wall Street Journal, Dec. 23, 2019–Nick Timiraos (subscription)The economics profession embarked this year on a soul-searching appraisal of perceived hostility to women and minorities in its ranks, and the Federal …
Four Ways for Mortgage Women to Take a Stand in 2020
National Mortgage News, Dec. 19, 2019–Marcia DaviesMBA COO and mPower co-founder Marcia Davies says the most exciting thing happening in mortgage finance today “has everything to do with more women …
Is a New Data War About to Erupt?
American Banker, Dec. 23, 2019–Penny Crosman (subscription)Just when it looked like banks, fintechs and data aggregators had reached a truce over the sharing of customer data, a new spat is …
U.S. Business Spending on Equipment Appears Soft; Housing Steadies
Reuters, Dec. 23, 2019–Lucia MutikaniNew orders for key U.S.-made capital goods barely rose in November and shipments fell, suggesting business investment will probably remain a drag on economic growth in …
Genworth-China Oceanwide Transaction Delayed for a 13th Time
National Mortgage News, Dec. 23, 2019–Brad Finkelstein (subscription)The deadline for China Oceanwide to complete its acquisition of Genworth Financial was extended for a 13th time, following completion of the sale …