Inside Mortgage Finance, May 20, 2024–Paul MuoloThe head of the Mortgage Bankers Association Monday morning took aim at federal regulators in Washington for tying the residential finance industry in “regulatory …
Category: Top National News
CFPB’s Chopra Says Bureau Will ‘Be Firing on All Cylinders’ After SCOTUS Win
National Mortgage News, May 17, 2024–Kate BerryWith the Supreme Court decision affirming that the Consumer Financial Protection Bureau’s funding structure is constitutional, CFPB Director Rohit Chopra outlined the agency’s next …
Philadelphia Emerges as Hub for Managers of Remote Workers
Axios, May 20, 2024–Mike D’OnofrioMore bosses in the Philadelphia region are managing employees who live far away compared to other big cities, per a new report from ADP Research Institute.Click …
$10 Billion Real-Estate Fund Is Bleeding Cash and Running Out of Options
Wall Street Journal, May 20, 2024–Peter GrantThe Starwood Real Estate Income Trust, known as Sreit, has three choices—none of them appealingClick here for more (subscription)
Housing Experts Revise Mortgage Rate Forecasts for Remainder of 2024
Yahoo Finance, May 20, 2024–Rebecca ChenWith the Fed holding benchmark rates steady, inventory shortages and elevated home prices are expected to continue.Click here for more
FHA Originations Show Signs of Improvement: TransUnion
National Mortgage News, May 17, 2024-Spencer LeeMortgage origination volumes decreased for the 10th straight quarter to close 2023, but the performance of Federal Housing Administration-guaranteed loans showed the first signs …
MBA: Mixed Trends in Mortgage Delinquencies for Q1 2024
MPA, May 17, 2024-Candyd MendozaOverall mortgage delinquencies ticked up in the first quarter, but not across all three of the major loan types, according to the Mortgage Bankers Association’s (MBA) …
Looking to Purchase a Home? These U.S. Cities Are the Most Buyer-Friendly.
CBS News, May 17, 2024-Khristopher J. BrooksProspective homebuyers in search of less competition and more selection may want to consider heading south. The reason: A boom in construction in Texas …
More Baby Boomers Find They Enjoy Renting
Globe St., May 17, 2024-Richard BergerA growing number of Baby Boomers now believe that it’s better to rent than to buy a home in the current environment, with 80% on …
Mortgage REITs Shrink & Deleverage, Gear Up for Originations
Commercial Real Estate Direct/Trepp, May 16, 2024–Orest MandzyThe major mortgage REITs saw their collective loan portfolios shrink by nearly 11% over the past year, as most had sharply curtailed lending …
