HousingWire, Feb. 24, 2016–Lane, Ben
The Consumer Financial Protection Bureau wants the financial industry to think of it as “an important new friend and ally” in helping to serve the financial needs of the public, as CFPB Director Richard Cordray told the Credit Union National Association.
National Real Estate Investor, Feb. 23, 2016–McMillan, Brad
McMillan calls negative interest rates are unlikely until the next recession at the earliest in this Op-Ed. “Right now, lending is actually growing at a healthy rate here in the U.S. and taking this kind of step is unnecessary.”
National Mortgage News, Feb. 23, 2016–Witkowski, Rachel
The affordable housing market has dried up in major cities across the country. In response, regulators and lenders are looking into new programs to get people back into single-family homes while also exploring ways to encourage multifamily developments.
Wall Street Journal, Feb. 23, 2016–Plevin, Liam
The rise of online shopping and changing consumer habits are battering the big department stores known as anchors that once lured shoppers to malls-leaving landlords with empty space and forcing them to undertake expensive overhauls to stay relevant.
MarketWatch, Feb. 23, 2016–Goldstein, Steve
U.S. home prices were steady in December, but home values in 2015 increased much faster than inflation on a combination jobs growth and low inventories, according to data released Tuesday.
Associated Press, Feb. 23, 2016
Home rental price growth slowed down in January as even sizzling markets such as the San Francisco Bay Area, Denver and Portland are cooling.
Fox Business, Feb. 23, 2016
Former Fannie Mae Executive Tim Rood and Ackman-Ziff Real Estate Group Director Jason Meister discuss the state of the U.S. housing market.
Wall Street Journal, Feb. 23, 2016–Carney, John
Why isn’t mortgage debt growing? Some blame banks for holding lending standards too tight. Banks often blame regulators. But it may be homeowners’ fault; they’re paying down their mortgages far more than in the past.
Bloomberg, Feb. 23, 2016–Alloway, Tracy
Morgan Stanley analysts last week predicted U.S. commercial real estate prices would grow by a big fat zero percent in 2016, replacing a previous forecast of 5 percent growth over the course of the year.
Housing Wire, Feb. 22, 2016–Stevens, David
Congress and the president need to recognize that unfinished work from the Great Recession looms over our housing system, MBA President and CEO David Stevens, CMB argues in this Op-Ed: “The reality is that Congress will need to establish the contours of the new system and create the pathway out of conservatorship.”
