HousingWire, Mar. 3, 2016–Wheeler, Sarah
A decision by the 9th Circuit Court of Appeals yesterday could have big implications for a Delaware case where plaintiffs are arguing that Fannie Mae and Freddie Mac are Delaware corporations and therefore are subject to state, not federal law.
Reuters, Mar. 3, 2016–Mutikani, Lucia
The number of Americans filing for unemployment benefits unexpectedly rose last week, but the underlying trend continued to point to a strengthening labor market.
Wall Street Journal, Mar. 3, 2016–Morath, Eric
The Institute for Supply Management said Thursday its gauge of nonmanufacturing businesses fell slightly to 53.4 in February, from January’s reading of 53.5.
Wall Street Journal, Mar. 3, 2016–Sparshott, Jeffrey
The Labor Department releases its monthly snapshot of the labor market on Friday. Economists surveyed by The Wall Street Journal expect payrolls to post a net gain of 200,000 and the unemployment rate to hold steady at 4.9%.
Boston Globe, Mar. 4, 2016–Fitzgerald, Jay
Crowdfunding has mostly been associated with tech startups and inventors, who broadcast a mass appeal for donations that can range from just a few bucks to thousands of dollars. But since Congress passed the 2012 JOBS or Jumpstart Our Business Startups Act, there have been about 80 companies trying to expand the world of real estate investing.
Urban Institute, Mar. 2, 2016–Bai, Bing; Goodman, Laurie; Seidman, Ellen
Urban Institute paper says analysis of the Qualified Mortgage rule at the two-year mark shows little impact on availability of mortgage credit.
Reuters, Mar. 2, 2016–Saphir, Ann
San Francisco Federal Reserve President John Williams said Wednesday that the key message from the U.S. central bank is that interest-rate hikes will be “gradual.”
CNBC, Mar. 2, 2016–Olick, Diana
Low mortgage rates are no longer a novelty, hence no longer a sudden incentive for borrowers. Total mortgage application volume decreased 4.8 percent on a seasonally adjusted basis for the week ending February 26th versus the previous week, according to the Mortgage Bankers Association.
TheStreet.com, Mar. 2, 2016–O’Connell, Brian
Benchmark home mortgage loan rates are drifting downward again, just as the spring housing market is poised to blossom — and that could have a huge impact on the domestic home sales market over the next six to nine months.
Wall Street Journal, Mar. 2, 2016–Ip, Greg
“Too big to fail” is the post-crisis obsession that refuses to go away.
