Category: Top National News

American Banker, Sept. 26, 2018–LeeAnne B. Linderman (subscription)Whether you call it “power” or “influence,” men in our industry have the majority of “it.” That is why men must own diversity and inclusion–and follow the examples of those who already do.

National Real Estate Investor, Sept. 26, 2018–Beth Mattson-TeigThis week’s Federal Reserve Board meeting is once again shining a spotlight on rising interest rates and what has remained a stubbornly flat yield curve.

Mortgage Daily, Sept. 26, 2018In an effort to support homeownership in low-to mid-income markets, Freddie Mac will join its secondary mortgage cousin in purchasing shared-equity mortgages.

Mortgage Daily, Sept. 26, 2018Sen. Elizabeth Warren, D-Mass., introduced housing legislation she says will eliminate the housing supply shortage and create more than a million new jobs. The proposed law would be funded through higher taxes on wealthy families.

HousingWire, Sept. 26, 2018–Jeremiah JensenSandler Law Group, a Texas-based firm that specializes in residential mortgages and owner of Asurity Technologies, acquired McGlinchey Stafford & Youngblood and Associates, a closing and fulfillment services provider for the mortgage lending industry.

IPE Real Assets Magazine, Sept. 25, 2018–Christopher O’DeaReal estate investors learned painful lessons 10 years ago. With signs of a correction yet to materialize, can the market escape a repeat of 2008?

The Press-Enterprise (Riverside, Calif.), Sept. 25, 2018–Allen BuchananSo, the rumblings have begun and folks want to know: Is commercial real estate simmering down? In my humble opinion, yes.

CNBC, Sept. 25, 2018–Patti DommThe benchmark 10-year Treasury yield briefly touched a high yield of just over 3.113 percent Tuesday morning, just as the Fed began it two-day meeting. That is the highest level since May 18, when the 10-year yield hit a high of 3.128 percent.

National Mortgage News, Sept. 25, 2018–Elina Tarkazikis (subscription)Lower corporate tax rates weakened the incentive for developers to use the Low-Income Housing Tax Credit program, which could prompt affordable housing construction to fall by as much as 40% by 2022, according to data aggregator Reis.

HousingWire, Sept. 25, 2018–Ben LaneAccording to the Department of Justice, Edward DiMaria used his position at Bankrate, a publisher, aggregator and distributor of personal finance content and lead generator for the financial services industry, to artificially boost the company’s earnings from 2010 through 2014.