Private-Label Securities Market Languishes at 90% Off Peak

HousingWire, Mar. 9, 2016–Swanson, Brena
The private-label securities market stands nowhere close to where it used to over the past eight years. The Urban Institute addresses in a blog what’s going on in the PLS market, along with the areas that need still need a lot of groundwork in order to revive the market.

Why Aren’t You Refinancing Your Mortgage?

CNBC, Mar. 8, 2016–Olick, Diana Mortgage rates have been historically low for several years, but a surprising number of borrowers are still not taking advantage even though rates fell again at the start of this year. How many? Close to seven million.

Now Coming to the Commercial-Property Market: Defaults

Wall Street Journal, Mar. 8, 2016–Brown, Eliot
New signs of weakness are surfacing in the commercial-property market, ending a half-decade run of improvement with steadily climbing values.

Mortgage Rules Weigh on Minds (and Wallets) of Community Bankers

National Mortgage News, Mar. 8, 2016–Stewart, Jackie
Changes to mortgage disclosures rules implemented in October continue to frustrate community bankers and is just another example of the struggle to stay independent.

GSE Reform is Happening: Are People Paying Attention?

HousingWire, Mar. 8, 2016–Olson, Scott
No one should be misled by the lack of comprehensive congressional action into thinking that GSE reform is on hold. Fundamental reforms already have or are now taking place–reforms that reduce risk, protect taxpayers and build on lessons we learned from the 2008 crisis.

Dwindling Inventory Creates ‘Pac-Man’ Market in Northwest

HousingWire, Mar. 8, 2016–Thompson, Kelsey
To say the Northwest housing market is tight is an understatement, as homebuyers snatch up homes as fast as they come on the market, despite rising home prices.

Appraisal Volume Softens as Refi Market Tapers Off

HousingWire, Mar. 8, 2016–Swanson, Brena
According to the latest report from a la mode, an appraisal forms software company that tracks appraisal volume throughout the country, the National Appraisal Volume increased 3.5% for the week of Feb. 28, compared to an 8.4% increase the prior week.

Shed Light on Fair Lending to Avoid Compliance Blind Spots

National Mortgage News, Mar. 9, 2016–Karen, Ari
New products and technology can help assure lenders that borrowers better understand their options and participate in lending decisions in real time during the origination process, and track and record those efforts for later use.

Fed Likely to Stand Pat on Rates, Keep Options Open for April or June

Wall Street Journal, Mar. 8, 2016–Hilsenrath, Jon
Federal Reserve officials are likely to hold short-term interest rates steady at their policy meeting next week and leave open-ended when they’ll next raise rates given their uncertainties about markets and global growth.