San Jose [Calif.] Mercury-News, Sept. 25, 2017–Jeff CollinsMillions, if not billions, in new dollars will flow to housing programs under a host of housing bills adopted in the final hours of the California Legislature. New rules will make it harder for local governments to block developments.
Category: Top National News

Freddie Mac Predicts Continued Growth In 2018 Outlook
Banker & Tradesman, Sept. 25, 2017–Jim MorrisonFreddie Mac is projecting smooth sailing for the U.S. real estate economy, according to its 2018 Economic Research Outlook released last week.

Here’s What the Housing Industry Expects from Trump’s Tax Plan
HousingWire, Sept. 25, 2017–Kelsey Ramírez [MBA Mention]This week, President Donald Trump and Republican leaders plan to release their tax plan which could bring major changes to the housing industry, if acted upon.

What We Know About Financial Bubbles
Wall Street Journal, Sept. 22, 2017–Jon Hilsenrath (subscription)Here’s a surprising idea: Bubbles aren’t necessarily bad things.

Sorting Out the Mortgage After a Divorce
UExpress, Sept. 22, 2017–Lew SichelmanDivorce is never easy. And when real estate is involved, it can get downright exhausting.

Refi Mortgage Market Share Could Plummet to 1990 Low, Freddie Warns
National Mortgage News, Sept. 22, 2017–Bonnie Sinnock (subscription)The share of origination volume that comes from refinancing keeps coming in higher than expected, but a Freddie Mac forecast suggests it could really run out of steam next year.

Mortgage Firms Keep Up With Mobile Adoption
Mortgage Daily, Sept. 22, 2017–Sam GarciaAs more data emerges confirming the continued adoption of mobile technology in financial services, home lenders and service providers are capitalizing on the trend.

Leveraged Loans Are Back and on Pace to Top Pre-Financial Crisis Records
Wall Street Journal, Sept. 24, 2017–Christopher Whittal (subscription)Lending to the most highly indebted companies in the U.S. and Europe is surging, a development that investors worry could pressure financial markets if the global economic expansion starts to fade.

Bankers on High Alert for Liquidity Risk as 3Q Draws to Close
National Mortgage News, Sept. 22, 2017–Andy Peters (subscription)The first signs of a possible liquidity tightening surfaced last quarter. If they continue when banks report third-quarter results in a few weeks, lenders may have to swing into action to ensure they have adequate funding to sustain their growing efforts in consumer lending and as they await a pickup in commercial lending.

Are You Ready for the GSEs’ New UCD Mandate?
HousingWire, Sept. 22, 2017–David ParkerFannie Mae and Freddie Mac’s Uniform Closing Dataset requirement deadline of Sept. 25 is mere days away.