Globe St., July 15, 2024-Kristen SmithbergDespite slowing momentum over the past 2 years, U.S. student housing pre-leasing continues to increase at a normal pace for the Fall 2024 term and …
Category: Top National News
Zombie Seconds Addressed in CFPB Proposed Rule
Home Equity Lending News, July 11, 2024A new servicing rule proposed by the Consumer Financial Protection Bureau addresses dormant second mortgages in which the borrower stopped making the monthly payments …
Mortgage Rates See Immediate Relief After Positive Economic Data
Mortgage Professional America, July 12, 2024–Candyd MendozaMortgage rates fell the week of July 8 following positive economic data that suggests the Federal Reserve may ease up on interest rates later …
How Low Can Mortgage Rates Go With Cooler Inflation?
HousingWire, July 11, 2024–Logan MohtashamiMortgage rates are falling today as the CPI inflation data came in lighter than anticipated. The shelter side of the equation was a big help in …
MBA Calls for Overhaul of FHA Multifamily Programs
Inside Mortgage Finance, July 11, 2024–Brandon IveyThe Mortgage Bankers Association is asking the Department of Housing and Urban Development to make significant changes to FHA’s multifamily mortgage programs. The bulk …
Inflation and the Housing Market: Decoding the Latest Numbers
Bankrate.com, July 11, 2024–Jim ProbascoWhile inflation may be headed in the right direction overall, the shelter category, which includes housing costs, has remained stubbornly high. Shelter continues to be a …
FHA Releases Redraft of Servicing Defect Classifications
National Mortgage News, July 11, 2024–Bonnie SinnockThe descriptions for remedies and indemnification have the most significant changes and more details were added throughout.Click here for more (subscription)
In its Third Life, D.C. Office Building Becomes First Housing Conversion
Washington Post, July 11, 2024–Meagan FlynnIn a 360-degree reversal of the District’s office-building boom of the late 20th century, the city is now aiming to turn vacant office buildings into …
Looking for a Housing Deal With Lower Rates? Economists Say Not So Fast
Orange County Register, July 11, 2024–Jeff LazersonWith no recession in sight, the second half of 2024 is going to look a lot like the first half, according to several economists …
Single-Family Rents Trend Upward After Previous Cooldown: Zillow
HousingWire, July 10, 2024–Jeff AndrewsSingle-family rents have risen by a mind-boggling 39.6% since the COVID-19 pandemic began in March 2020. More recently, these increases have been more of a mixed …