National Mortgage News, Mar. 3, 2020–Paul Centopani (subscription)https://www.nationalmortgagenews.com/news/stable-house-price-growth-may-ramp-up-for-a-competitive-buying-season
Category: Top National News
MBA: Commercial Mortgage Delinquencies Remain Low in Q4
National Mortgage Professional, Mar. 3, 2020Commercial and multifamily mortgage delinquencies remained low in the fourth quarter of 2019, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Delinquency Report.https://nationalmortgageprofessional.com/news/74041/commercial-mortgage-delinquencies-remain
Coronavirus Slams U.S. Hotel Industry’s Global Operations
Wall Street Journal, Mar. 3, 2020–Keiko Morris, Craig Karmin (subscription)The hotel industry’s decadelong run of growth and rising revenue looked vulnerable at the start of the year. Now the spread …
Supreme Court Considers Consumer Agency’s Structure, Independence
Wall Street Journal, Mar. 3, 2020–Jess Bravin, Yuka Hayashi (subscription)The Supreme Court indicated Tuesday that it may curtail the independence of an eight-year-old agency created to protect consumers from abusive …
How Bank Regulators Could Mitigate Coronavirus Fallout
American Banker, Mar. 2, 2020–Neil Haggerty (subscription)Policymakers could recommend banks establish backup facilities and the Federal Reserve could stand ready with emergency loans to limit economic shock waves.https://www.americanbanker.com/news/how-bank-regulators-could-mitigate-coronavirus-fallout
How Do You Solve a Problem Like Fannie and Freddie?
Bloomberg, Mar. 2, 2020–Elizabeth DexheimerFederal Housing Finance Agency chief Mark Calabria’s decisions could rock a $5 trillion mortgage market and make a lot of money for hedge funds.https://www.bloomberg.com/news/articles/2020-03-02/fannie-mae-and-freddie-mac-s-fate-is-in-the-hands-of-one-man?srnd=premium
Hottest Bond Market in History Is Starting to Make Some Nervous
Bloomberg, Mar. 3, 2020–Cecile Gutscher, Anchalee WarrachateRate-cut expectations and a lunge for safe assets have earned the bond market a lot of fans in recent weeks. The resulting rally is …
U.S. Manufacturing Sector Stalls as Coronavirus Hits Supply Chains
Reuters, Mar. 2, 2020–Lucia MutikaniU.S. factory manufacturing activity slowed in February as new orders contracted, reflecting worries about supply chain disruptions related to the fast-spreading coronavirus outbreak, which has revived …
Americans Are Paying $34 Billion Too Much for Houses in Flood Plains
Bloomberg, Mar. 2, 2020–Eric RostokAt least 3.8 million U.S. homes lie in flood plains. Together, they may be overvalued by $34 billion, according to new research published in a National …
Record-Breaking Number of Multifamily Units are Expected to Be Built This Year
HousingWire, Mar. 2, 2020–Julia FalconAccording to a new report from RealPage, this year will see a nearly 30-year record for new supply in the nation’s 150 largest apartment markets. More …