CNBC, Aug. 27, 2024-Jade ThomasSaving enough money for retirement is top of mind for many working adults. In fact, 53% of Americans feel behind on planning for retirement, according to …
Category: Top National News
Two Less-Obvious Ways the Fed Made Mortgages Pricier
Axios, Aug. 27, 2024-Neil IrwinThe Federal Reserve has pushed mortgage rates higher not just through its much-discussed interest rate policy decisions, but through two less widely understood channels, a new …
Texas Must Build Hundreds of Thousands of Homes to Lower Housing Costs, Says State Comptroller
The Texas Tribune, Aug. 27, 2024-Joshua FechterIf Texas wants to rein in its high housing costs, it needs more homes, Texas Comptroller Glenn Hegar’s office said Tuesday — the latest …
PAVE Task Force Winds Down, But the Work has Just Begun
American Banker, Aug. 26, 2024–Kyle CampbellMuch has happened since the White House put real estate appraisals under the federal government’s microscope in June 2021. Its Property Appraisal and Valuation Equity …
Pay Your Rent, Get 2% Cash Back: Landlords Join Craze for Rewards
The Wall Street Journal, Aug. 25, 2024-Katherine HamiltonThe only reward for paying your rent used to be a place to live. Now landlords are offering credit-card-style incentives like 2% cash …
Why Philadelphia Is Bucking a Nationwide Surge in Evictions
The Wall Street Journal, Aug. 26, 2024-Will Parker Mercedes Peterson was half-asleep on a hospital bed when an email from her landlord arrived. “I have to start the eviction process,” he …
When Rates Skyrocketed, Mortgage Servicing Reset the Board. The Next Battle Is About to Begin
HousingWire, Aug. 26, 2024-Flávia Furlan NunesWhen interest rates began skyrocketing more than two years ago, mortgage companies faced a pivotal decision regarding a crucial part of their business: the servicing …
Freddie Sharpens Guidelines for Self-Employed Borrowers
Inside Mortgage Finance, Aug. 26, 2024–Dennis HollierFreddie Mac is tightening up a bit when it comes to underwriting guidelines for self-employed borrowers.Click here for more (subscription)
Harris has Big Ambitions — But Few Details — For Housing Supply
American Banker, Aug. 23, 2024–Kyle CampbellVice President Kamala Harris’ plan to supercharge housing production has homebuilders, lenders and affordability advocates excited, even if they don’t know how exactly it would …
Pay Your Rent, Get 2% Cash Back: Landlords Join Craze for Rewards
Wall Street Journal, Aug. 25, 2024–Katherine HamiltonThe only reward for paying your rent used to be a place to live. Now landlords are offering credit-card-style incentives like 2% cash back …