National Mortgage Professional, Feb. 14, 2020–Phil HallA study exploring how consumer reporting agencies can use rental payments to determine the credit scoring has been released through a partnership involving FICO, …
Category: Top National News
Never Mind the Internet. Here’s What’s Killing Malls
New York Times, Feb. 14, 2020–Austan GoolsbeeYes, the internet has changed the way we shop. But taken together, other factors have caused greater harm to traditional retail stores.https://www.nytimes.com/2020/02/13/business/not-internet-really-killing-malls.html?nl=todaysheadlines&emc=edit_th_200216&campaign_id=2&instance_id=15980&segment_id=21328&user_id=e670283fb4fff3d4391d6f88569ad498®i_id=420636740216
Equifax Expects to Pay Out Another $100 Million for Data Breach
HousingWire, Feb. 14, 2020–Ben LaneThe company revealed this week in its fourth-quarter earnings report that it set aside another $99.6 million in the fourth quarter for “certain legal proceedings and …
Amid Climate And Housing Crises, Cities Struggle To Place Housing Near Transit
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 …
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 …