HousingWire, Oct. 28, 2019–Kathleen HowleyThe Federal Housing Finance Agency released its annual “Scorecard” for Fannie Mae and Freddie Mac outlining the goals its regulator will use for judging their performance …
Category: Top National News
Are Fannie, Freddie Ready for Compeitition? ‘Bring it on,’ CEOs Say
National Mortgage News, Oct. 28, 2019–Brad Finkelstein (subscription)When it comes to possible new competitors in the secondary market, the heads of the two current outlets said they more than welcomed …
Housing Reform Liquidity Dominates MBA Annual Speeches
National Mortgage Professional, Oct. 28, 2019–Phil HallThe question of housing finance reform and an ensured continuation of liquidity was front and center at the Mortgage Bankers Association’s Annual Convention & …
HUD, DOJ Reach Agreement on False Claims Act Prosecutions
Politico, Oct. 28, 2019–Katy O’Donnell (subscription)HUD and the Department of Justice have signed a memorandum of understanding on how to evaluate False Claims Act cases, a move intended to encourage …
Here are the Five Markets Where Rental Occupancy Rates are Falling Fast
HousingWire, Oct. 25, 2019–Julia FalconAlthough there are many major metros seeing an uptick in multifamily occupancy rates, economic downturns have impacted other metros negatively, said Yardi Matrix.https://www.housingwire.com/articles/here-are-the-five-markets-where-rental-occupancy-is-falling-fast/
Is the End of Libor a Threat to Financial Stability?
American Banker, Oct. 27, 2019–Hannah Lang (subscription)Concerns over how seriously banks are taking the deadline have led some to worry about disruptions in the lending market. And some banks have …
Housing Highlights the Promises—and Limits—of the Fed’s ‘Insurance’ Rate Cuts
Wall Street Journal, Oct. 28, 2019–Nick Timiraos (subscription)Sales have rebounded as mortgage rates declined, but trade uncertainty has damped the benefit of lower borrowing costs in other sectors.https://www.wsj.com/articles/housing-highlights-the-promisesand-limitsof-the-feds-insurance-rate-cuts-11572255004
Fed to Cut Rates Again, But What Comes After That?
Bloomberg, Oct. 26, 2019–Fergal O’BrienFederal Reserve Chairman Jerome Powell is expected to deliver the third straight U.S. interest rate cut this week — but the real news will be if …
Blackstone’s Online-Shopping Play: 800 Million Square Feet of Warehouses
Wall Street Journal, Oct. 26, 2019–Miriam Gottfried (subscription)Blackstone Group Inc. is betting that the rise of online shopping will remain a bright spot in the face of slowing global economic …
New Residential Will Double Originations in 4Q Because of Ditech
National Mortgage News, Oct. 25, 2019–Brad Finkelstein (subscription)The acquisition of the Ditech forward mortgage business will double New Residential’s year-to-date origination volume in the fourth quarter alone, and further double …